Select all that apply

GAAP requires companies to report inventory $($Select all that apply.$)$

Multiple select question.

at the lower of cost or market value for companies using LIFO.

at the lower of cost or net realizable value for companies using FIFO.

by applying the same valuation method to all inventory.

using either the LIFO or FIFO method.

at the lower of cost or market value for companies using FIFO.