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Business, 10.06.2020 05:57 queenpaige2015

Dollar-value LIFO: a. Starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.
b. Increases the recordkeeping costs of LIFO.
c. Only is allowed for internal reporting purposes.
d. None of these answer choices are correct.

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Dollar-value LIFO: a. Starts with ending inventory measured at current costs and re-creates LIFO la...
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