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Which of the following requires reporting the inventory at thelower-of-cost-or-net-realizable-value? a decline in the value of the inventory. an increase in the selling price of

Which of the following requires reporting the inventory at thelower-of-cost-or-net-realizable-value?

a decline in the value of the inventory.

an increase in the selling price of the inventory.

an increase in the value of the inventory.

a desire to maximize profit.

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