Question: statement that a company reported inventory at the lower - of - cost - or - market and valued inventory using the first - in

statement that a company reported inventory at the lower - of - cost - or - market and valued inventory using the first - in, first - out method would be found basheer rajA. within the income statement in the annual report B. within the description of the portfolio of accounting policies in a footnote C. within the balance sheet in the 10K D. within the auditor's report as part of an annual report

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