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When the income effect of a LIFO liquidation is material, the SEC requires that the 10-K report disclose: Multiple Choice the dollar impact of LIFO

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When the income effect of a LIFO liquidation is material, the SEC requires that the 10-K report disclose: Multiple Choice the dollar impact of LIFO liquidation on the year-end inventory balance. the dollar impact of LIFO liquidation on both a pre-tax and after-tax basis. this fact following a prescribed disclosure format. the dollar impact of LIFO liquidation on net income

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