If costs are declining, will the LIFO or FIFO method of inventory valuation yield the lower cost of goods sold? Why?

Auditing: A Risk Based-Approach (MindTap Course List)
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Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle
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If costs are declining, will the LIFO or FIFO method of
inventory valuation yield the lower cost of goods sold?
Why?

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