Question: The conventional retail inventory method is based on A . LIFO, lower of cost , or net realizable value. B . average, lower of cost

The conventional retail inventory method is based on
A. LIFO, lower of cost, or net realizable value.
B. average, lower of cost or net realizable value.
C. LIFO cost.
D. average cost.
The conventional retail inventory method is based on A. LIFO, lower

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