Which of the following methods gives a conservative closing stock value during a period of rising prices? by Sunday | Dec 4 | Accounting JAMB | 0 comments A. LIFO B. FIFO C. Simple average D. Periodic simple average Correct Answer: Option A – LIFO Users Also Read These:XYZ Ltd's total sales was #100,000. It had opening…From the following, determine the value of closing…Opening the stock plug plus purchase of less closing…If a company values its stock in the period of…In the period of rising prices; which method of…