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QUESTION 19 When applying the lower-of-cost-or-net-realizable-value rule, net-realizable-value value generally refers to: OLIFO cost using the periodic method. O estimated sales price of the inventory

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QUESTION 19 When applying the lower-of-cost-or-net-realizable-value rule, net-realizable-value value generally refers to: OLIFO cost using the periodic method. O estimated sales price of the inventory less cost of sale. historical purchase price. O FIFO cost using the periodic method

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