During a period of rising costs, the owners of a company wishing to minimize the company’s tax burden would select which of the following cost flow assumptions?

During a period of rising costs, the owners of a company wishing to minimize the company’s tax burden would select which of the following cost flow assumptions?
A) Specific identification.
B) FIFO.
C) Weighted-average cost.
D) Lower of cost and net realizable value.


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