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  3. 2 points 11. a lifo liquidation occurs when: o end

2 points 11. A LIFO liquidation occurs when: O Ending LIFO inventory is less than...

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Accounting

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2 points 11. A LIFO liquidation occurs when: O Ending LIFO inventory is less than beginning inventory when prices have risen during the period. O Ending LIFO inventory is greater than beginning inventory when prices have risen during the period. O Ending LIFO inventory is greater than beginning inventory when prices have fallen during the period. O Ending LIFO inventory is less than beginning inventory when prices have fallen during the period

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