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Which one of the following is not a disadvantage of the LIFO inventory cost flow assumption? a. the impact of LIFO liquidation profits b. it

Which one of the following is not a disadvantage of the LIFO inventory cost flow assumption?

a. the impact of LIFO liquidation profits

b. it does not match the most recent costs with revenue

c. the possibility of income manipulation by management

d. it impairs comparability between companies using LIFO

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