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    Financial Accounting A User Perspective
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    Exam 7: Inventory
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    When Using the LCM Rule in Canada the Market Value
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When Using the LCM Rule in Canada the Market Value

Question 45

Question 45

Multiple Choice

When using the LCM rule in Canada the market value is most commonly:


A) net present value.
B) selling price less profit margin.
C) replacement cost.
D) net realizable value.

Correct Answer:

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