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uestion 6 If a company changes its inventory valuation method from LIFO to FIFO, this will be recorded as a nonrecurring gain. an extraordinary item.

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uestion 6 If a company changes its inventory valuation method from LIFO to FIFO, this will be recorded as a nonrecurring gain. an extraordinary item. a change in accounting principle. a change in accounting estimate A Moving to another question will save this response

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