The dollar-value LIFO retail method combines
A) the principle of retail LIFO with dollar-value LIFO.
B) does not really include retail LIFO in the process.
C) while the name may suggest a combination of the two methods, dollar-value LIFO retail is a new principle.
D) the principle of retail LIFO with dollar value LIFO but is rarely used in practice.
Correct Answer:
Verified
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