Which of the inventory cost flow assumptions provides the best measure of earnings, where "best" means most appropriate for predicting future earnings, when prices have been declining?

Question

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LIFO (last-in, first-out) assumes that the most recently purchased inventory items are sold first. During a period of declining prices, this method results in higher cost of goods sold, which in turn leads to lower reported earnings. This lower reported earnings makes LIFO appropriate for predicting future earnings during a period of declining prices, as it reflects the reality of the situation.

Which of the Inventory Cost Flow Assumptions Provides the Best