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D Question 16 When inventory costs are increasing, the LIFO costing method will generally yield a cost of goods sold that is: O equal
D Question 16 When inventory costs are increasing, the LIFO costing method will generally yield a cost of goods sold that is: O equal to cost of goods sold under the average-cost method. O equal to cost of goods sold under the FIFO method. O higher than cost of goods sold under the FIFO method. O lower than cost of goods sold under the FIFO method. 1 pts
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