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13. Which of the following methods of inventory valuation would not be acceptable for tax purposes? A. Cost determined under a FIFO flow assumption. .

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13. Which of the following methods of inventory valuation would not be acceptable for tax purposes? A. Cost determined under a FIFO flow assumption. . Lower of cost and market, with cost determined on the basis of average cost. B C. Lower of cost and market, with cost determined using specific identification. D. Market determined using replacement cost

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