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答案和详解如下:

Q34.  A.   Study Session 9 -40-a,b

During periods of rising prices and increasing inventories, the use of LIFO will result in higher COGS, reducing the reported income. This lower reported income will reduce taxes and increase cash flows.

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a

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a

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A

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ac

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c

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a

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kk

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a

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a.....

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