答案和详解如下： Q23. D Study Session 9-40-b If prices were declining, using LIFO would match the lower (most recent ) costs with current sales. Costs of goods sold would be lower with LIFO and gross profit (income) would be higher compared to using FIFO. Lower cost of goods sold means inventory balances, consisting of older higher priced items, would be higher using LIFO, increasing current assets relative to FIFO. | 
发表于 2007-10-30 08:28
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