Which of the following are true statements regarding research about inventory choices? Multiple select question. A study found consistent evidence that the market perceives LIFO earnings of higher quality than FIFO earnings. Research found that FIFO adopters have lower levels of inventory fluctuations and lower leverage. Several studies found that the potential inventory holding gains are much higher for LIFO firms. A study found consistent evidence that the market perceives FIFO earnings of higher quality than LIFO earnings