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If a firm uses LIFO to cost inventories, they must report which of the following...

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Accounting

If a firm uses LIFO to cost inventories, they must report which of the following that represents the amount that an analyst could add back to the Inventory level to make the firm look as if they reported under FIFO.

FIFO reserve

FIFO liquidation

LIFO reserve

LIFO Liquidation

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