When costs per unit are increasing, the inventory costing method that results in the lower income tax expense is the LIFO method. True or False True False When the periodic inventory system is in use, the choice of an inventory costing method usually has no impact on gross profit or cost of goods sold True or False True False The allowance method for uncollectible accounts conforms to the expense recognition principle True or False True False Under the allowance method for uncollectible accounts, the write-off of a specific account will not affect total assets. True or False True False