In Times of Rising Prices,________ Will Be More Apt to Result

Multiple Choice

In times of rising prices,________ will be more apt to result in a lower-of-cost-or-market write down.

A) the LIFO method
B) the FIFO method
C) the Weighted average cost method
D) Each method is as likely to result in a lower-of-cost-or-market write down as the others are.