During a period of falling prices, which method results in the highest net income? O FIFO O Weighted Average O LIFO DQuestion 26 Which statement addresses the LIFO conformity rule? O If a company uses LIFO for book purposes, it must also use LIFO for tax purposes O Companies may only use LIFO if they believe that costs will decrease over time If a company uses LIFO for tax purposes, it must also use LIFO for book purposes O Companies must use the same inventory method every year