Under U.S. GAAP, inventories are reported on the balance sheet at lower−of−cost−or−market. This is an example...

Under U.S. GAAP, inventories are reported on the balance sheet at lower−of−cost−or−market. This is an example of:
A. consistency principle
B. historical cost principle
C. conservatism principle
D. full disclosure principle

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ekkarill92 answered 1 year ago

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