LCM
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| Definition | : | Lower of Cost or Market |
| Category | : | Business » Accounting |
| Country/ Region |
: | Worldwide
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| Popularity | : |
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What does LCM mean?
Lower of Cost or Market (LCM or LOCOM) is an accounting rule for valuing and reporting inventory. The rule states that inventory should be measured at cost or market value whichever is lower.
9 more results for LCM
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Least Common Multiple
Mathematics
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Laser Capture Microdissection
Medical
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London College of Music
Universities & Institutions
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Lymphocytic Choriomeningitis
Diseases & Conditions
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Landing Craft Mechanized
Water Transport
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La Cumbre Airport
Airport Codes
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Leeds College of Music
Universities & Institutions
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London City Mission
Religious Organizations
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Letalski Center Maribor
[Aviation Center Maribor]
Regional Organizations
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Frequently Asked Questions
What is the full form of LCM in Accounting?
The full form of LCM is Lower of Cost or Market
What is the full form of LCM in Business?
What are the full forms of LCM in Worldwide?
Least Common Multiple | Laser Capture Microdissection | Lymphocytic Choriomeningitis | Landing Craft Mechanized | Lower of Cost or Market
Translation
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