question archive When prices are falling, LIFO will result in: lower income and a lower inventory valuation than will FIFO
When prices are falling, LIFO will result in: lower income and a lower inventory valuation than will FIFO
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When prices are falling, LIFO will result in:
-
- lower income and a lower inventory valuation than will FIFO.
- lower income and a higher inventory valuation than will FIFO.
- higher income and a higher inventory valuation than will FIFO.
- higher income and a lower inventory valuation than will FIFO.
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