An adjustment to ending inventory under the lower of cost or market/net realizable value (LCM/NRV)...
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Accounting
An adjustment to ending inventory under the lower of cost or market/net realizable value (LCM/NRV) rule would be least likely to be recorded by a company that sells:
high-tech goods like cell phones.
a fad product like Slap Wraps bracelets.
a household staple like laundry detergent.
seasonal items like snow blowers.
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