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Under U.S GAAP, inventories are reported on the balance sheet at: A.Lower_of_cost_or_market. B.Historical cost only C. Current replacement cost only D.Selling price

Under U.S GAAP, inventories are reported on the balance sheet at:

A.Lower_of_cost_or_market.

B.Historical cost only

C. Current replacement cost only

D.Selling price

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