An argument against use of the lower of cost and net realizable value rule is its lack of:
A.	Relevance.
B.	Reliability.
C.	Consistency.
D.	Objectivity.
Answer:C
An argument against use of the lower of cost and net realizable value rule is its lack of:
A.	Relevance. B.	Reliability. C.	Consistency. D.	Objectivity.