Question: When inventory prices are falling, the FIFO method will generally yield a gross profit that is: A higher than under the LIFO method B less

When inventory prices are falling, the FIFO method will generally yield a gross profit that is:
A higher than under the LIFO method
B less than under the LIFO method
C FIFO does not generally cause a gross profit that is different from that under any other costing method
D equal to the gross profit under the LIFO method

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