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The impact of using LIFO over FIFO is to Multiple Choice bias ROE downward since investments are overvalued bias ROE upward since investments are overvalued

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The impact of using LIFO over FIFO is to Multiple Choice bias ROE downward since investments are overvalued bias ROE upward since investments are overvalued bias ROE downward since investments are undervalued bias ROE upward since investments are undervalued

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