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LCNRV of inventory Select one: a.May sometimes be less than net realizable value. b.Should always be equal to net realizable value. c.Is always either the

LCNRV of inventory

Select one:

a.May sometimes be less than net realizable value.

b.Should always be equal to net realizable value.

c.Is always either the net realizable value or its cost.

d.Should always be equal to estimated selling price less cost to complete.

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