Answer: LIFO

**Explanation:** The correct answer is **B (LIFO)**. Under the LIFO method, the oldest costs are reflected in the inventory carrying amount on the balance sheet. In a period of rising inventory costs, the inventory carrying amounts under LIFO are already conservatively presented at the oldest and lowest costs. This makes it less likely for inventory write-downs to occur under LIFO compared to FIFO or weighted average cost methods. If a write-down does occur under LIFO, it is likely to be of a lesser magnitude. Conversely, FIFO and weighted average cost methods are more susceptible to inventory write-downs in such scenarios, as they reflect more recent (and higher) costs in the inventory valuation.

Author: LeetQuiz Editorial Team