Which of the Following Statements Is Not True as It

Multiple Choice

Which of the following statements is not true as it relates to the dollar-value LIFO inven?tory method?

A) It is easier to erode LIFO layers using dollar-value LIFO techniques than it is with specific goods pooled LIFO.
B) Under the dollar-value LIFO method, it is possible to have the entire inventory in only one pool.
C) Several pools are commonly employed in using the dollar-value LIFO inventory method.
D) Under dollar-value LIFO, increases and decreases in a pool are determined and measured in terms of total dollar value, not physical quantity.