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2008 CFA Level 1 - Sample 样题(3)-Q38

38Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.

An adjustment to operating income for the effects of a change in LIFO reserves will most likely be required if the change in the  LIFO reserve is the result of:

A. price declines.

B. price increases.

C. a decrease in the number of units held in inventory.

D. an increase in the number of units held in inventory.

 

 a

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b

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 tx

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3

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a

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ok

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appreciation

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[em01]

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xie xie

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