A. FIFO
B. LIFO
C. SAP
D. WAP
Correct Answer: Option D
D. WAP
Explanation
Weighted Average Price (WAP): Under this method issues are priced at a weighted average price which is obtained by dividing the value by the unit of stock in hand. Issues will continue to be priced at this price until a new batch is received when a new weighted Average price is calculated.
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