During a period of rising prices, which one of the following statements is correct？______.

A. The LIFO method will produce lower profits than the FIFO method, and lower closing stock values.
B. The LIFO method will produce lower profits than the FIFO method, and higher closing stock values.
C. The FIFO method will produce lower profits than the LIFO method, and lower closing stock values.
D. The FIFO method will produce lower profits than the LIFO method, and higher closing stock values.