During a period of falling prices, which of the following inventory s generally results in the lowest balance sheet amount for inventory. () A.can not tell without more inationB.averageC.LIFOD.FIFO

During a period of falling prices, which of the following inventory s generally results in the lowest balance sheet amount for inventory. ()

A.can not tell without more ination

B.average

C.LIFO

D.FIFO


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