Most methods of pricing inventories are in accord with generally accepted accounting principles and generally are permissible for income tax purposes. One method that does not fall into this category is
A.	moving average.
B.	weighted average.
C.	LIFO.
D.	variable costing.
Answer:D
Most methods of pricing inventories are in accord with generally accepted accounting principles and generally are permissible for income tax purposes. One method that does not fall into this category is
A.	moving average. B.	weighted average. C.	LIFO. D.	variable costing.