A company uses LIFO in one year, then switches to FIFO and then to average-cost. This is a violation of the:
举一反三
- During periods of rising prices, which of the following statements is correct A: LIFO COGS ＞ weighted average COGS ＞ FIFO COGS B: LIFO COGS = weighted average COGS = FIFO COGS C: LIFO COGS ＜ weighted average COGS ＜ FIFO COGS
- Which of the following statements about inventory accounting is least accurate（） A: If a U. S. firm uses LIFO for tax reporting it must use LIFO for financial reporting. B: During periods of rising prices, FIFO based current ratios will be smaller than LIFO based current ratios. C: U.S. GAAP rules require the use lower of cost or market when reporting inventories.
- 栈和队列是一种操作受限的线性表,其栈和队列的操作特点是()。 A: LIFOFIFO B: FIFO LIFO C: FIFO FIFO D: LIFO LIFO
- The following data is available for the sales of a company in 20X1.The company uses the three point moving average method.What is the moving average for Quarter 3 20X1?<br/>______
- The company ____ its sales by an average of 10% per year since its establishment in 1993.