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Under U.S. GAAP, inventories are reported on the balance sheet at: A. net realizable value. B. current replacement cost only. C. lowerminus ofminuscostminusorminus market. D.

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

A.

net realizable value.

B.

current replacement cost only.

C.

lowerminus

ofminuscostminusorminus

market.

D.

historical cost only.

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