Which of the following businesses is most likely to benefit from an election to account for its inventory under LIFO?
A)A company producing the newest version of a tablet with ultra-long battery life.It believes it has a one-year lead over the competition.
B)A company producing products with copper as a key component - copper prices fluctuate widely.
C)A company producing parts for the auto industry - costs in this field tend to steadily climb.
D)None of the above.

Question

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The Answer of Which of the following businesses is most likely to benefit from an election to account for its inventory under LIFO?
A)A company producing the newest version of a tablet with ultra-long battery life.It believes it has a one-year lead over the competition.
B)A company producing products with copper as a key component - copper prices fluctuate widely.
C)A company producing parts for the auto industry - costs in this field tend to steadily climb.
D)None of the above.

Which of the Following Businesses Is Most Likely to Benefit