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The blank______ method of valuing inventory was developed to avoid reporting inventory at an amount that is blank______ than the benefits it can provide.

The blank______ method of valuing inventory was developed to avoid reporting inventory at an amount that is blank______ than the benefits it can provide.
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The blank______ method of valuing inventory was developed to avoid reporting inventory at an amount that is blank______ than the benefits it can provide.

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User Myesha
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Answer:

lower of cost and net realizable value; greater

Step-by-step explanation:

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User Ferrix
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