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Business, 04.07.2020 22:01 squirrel6875

The term LCM refers to: a. the process companies use to ensure they are always purchasing lowest cost items. b. a rule which requires a company to adjust the cost of its inventory when the market price decreases below the cost. c. the adjustment a company makes for inventory lost or stolen. d. the repeated calculations necessary to properly record LIFO costs.

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