Question: Need Help Thank you... ( A ) is the reason to account for inventory using ( B ) ( C ) directs accountants to report

Need Help Thank you...

( A ) is the reason to account for inventory using ( B ) ( C ) directs accountants to report inventory at the most realistic and transparent amount.

(A) Consistency principle/ Disclosure principle/ Materiality principle/ Representational faithfulness

(B) Average cost/ First in, first out/ Last in, first out/ The lower of cost or market

(C) Conservatism/ Consistency/ Disclosure/ Materiality/ Representational faithfulness

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