Q33. During inflationary periods, a company's reported net income is least likely to be overstated relative to economic income if the company depreciated fixed assets using: A accelerated depreciation and long average lives. B. accelerated depreciation and short average lives: C. Straight-line depreciation and long average lives. D. Straight-.line depreciation and short average lives.
答案和详解如下：
Q33. B Study Session 9-43.a During inflationary periods, the difference between historic cost and replacement value become greater; using accelerated depreciation and short average lives will produce reported net income that is closer to economic income.
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发表于 2007-11-7 09:52
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