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Which of the following is NOT considered a disadvantage of using LIFO? A . Higher chance of write - downs for the inventory account when

Which of the following is NOT considered a disadvantage of using LIFO? A. Higher chance of write- downs for the inventory account when applying lower of cost or market valuation B. The difficulty in projecting end-of- year estimates for COGS during early in the fiscal year C. The potential for earnings management under LIFO D. The possibility of LIFO liquidations

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