Discuss whether you feel the lower of cost or market rule

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Discuss whether you feel the lower of cost or market rule (LCM) is a conservative method or not. Support your argument with points incorporating the conceptual framework.

Reference no: EM131204938

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Discuss whether you feel the lower of cost or market rule : Discuss whether you feel the lower of cost or market rule (LCM) is a conservative method or not. Support your argument with points incorporating the conceptual framework.
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