When inventory prices arerising, all of the following are reasons for choosing the LIFO method versus the FIFO methodexcept:

A.

LIFO permits management to influence income by the timing of inventory purchases.

B.

LIFO reports the most up to date inventory values on the balance shhet

C.

LIFO uses more current costs in calculating cost of goods sold.

D.

LIFO generally results in lower income taxes paid.

E.

None of the above is correct.