Question: Dollar - value LIFO uses Question 1 Select one: a . current cost only b . cost indexes only c . numerous detailed records from

Dollar-value LIFO uses
Question 1Select one:
a.
current cost only
b.
cost indexes only
c.
numerous detailed records from either a physical count or perpetual records
d.
current cost and cost indexes
Required: Explain why you thinkeach company follows its policy. Discuss whether or not either practice creates ethical issues, as well.

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