Anka Company Uses the LIFO Inventory Costing Method for Both

Multiple Choice

Anka Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. Anka Company's inventories are reported at $1,004 million on its balance sheet. In its footnotes, Anka Company is required to report the amount at which inventories would have been reported under FIFO method.
The difference between these two numbers is commonly referred to as what?

A) LCM disclosures
B) LIFO holding gain
C) LIFO liquidation
D) LIFO reserve