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LCNRV of inventory a. is always either the net realizable value or its cost. b. should always be equal to net realizable value. c. may

LCNRV of inventory

a.is always either the net realizable value or its cost.

b.should always be equal to net realizable value.

c.may sometimes be less than net realizable value.

d.should always be equal to net realizable value less costs to complete.

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