The lower of cost or net realizable value approach is for companies that use . Multiple choice question. optional under GAAP; a method other than LIFO or retail inventory required under GAAP; a method other than LIFO or retail inventory optional under GAAP; any method of inventory valuation required under GAAP; any method of inventory valuation

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.

c). housing, savings, and food and d). housing, food, and transportation. i hope this is good luck on the rest of your work.