When determining the international aspects of inventory valuation: A) IFRS permits the use of LIFO B)...

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When determining the international aspects of inventory valuation: A) IFRS permits the use of LIFO B) it can be difficult to compare a US company against a foreign company if different inventory methods are used C) inventory valuation is the only major difference between GAAP and IFRS D) IFRS prohibits the use of FIFO When determining the international aspects of inventory valuation: A) IFRS permits the use of LIFO B) it can be difficult to compare a US company against a foreign company if different inventory methods are used C) inventory valuation is the only major difference between GAAP and IFRS D) IFRS prohibits the use of FIFO

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