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An adjustment to ending inventory under the lower of cost or market (LCM) rule would be most likely to be recorded by a company that sells:
Enforce Consequences
The act of applying or executing penalties or repercussions for not adhering to rules, laws, or agreements.
Performance Appraisals
A systematic evaluation of an employee's performance at work, typically involving feedback on achievements and areas for improvement.
Job Design Procedures
The process of organizing tasks, duties, and responsibilities into a productive work unit to accomplish certain objectives.
Standardized
Pertaining to a consistent procedure, method, or test that is applied uniformly to ensure comparability and repeatability.
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