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The lower of cost or net realizable value method for inventory helps to: Multiple Choice Prevent the company from selling the inventory below its

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The lower of cost or net realizable value method for inventory helps to: Multiple Choice Prevent the company from selling the inventory below its original cost. Avoid reporting inventory at an amount that exceeds the cash it can provide to the company Prevent the company from selling inventory to customers who are not likely to pay. Provide an alternative to the FIFO, LIFO, and weighted-average methods.

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