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Assuming the government does not eliminate LIFO, what are the ethical implications of a company switching its accounting policy from FIFO to LIFO, or the

Assuming the government does not eliminate LIFO, what are the ethical implications of a company switching its accounting policy from FIFO to LIFO, or the other wayfrom LIFO to FIFO? When and why would a company make this change? Explain your answer and discuss the financial statement effects.

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