True or False: Inventory written down due to LCM may be written back up if market values go back up.
Answer: FALSE
True or False: Inventory written down due to LCM may be written back up if market values go back up.
Answer: FALSE
Accounting MCQ
Accounting Chapter 9
True or False: Inventory written down due to LCM may be written back up if market values go back up.
Answer: FALSE
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