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please help Lower of Cost or Market (LCM) Rule Do some research on the term above. In your main post, answer the following questions: 1.

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Lower of Cost or Market (LCM) Rule Do some research on the term above. In your main post, answer the following questions: 1. Why is LCM important in the context of the audit of financial statements? 2. Given the desire of clients to avoid losses and make financial statements look pretty, do you think this rule is often violated? Explain

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