2008 CFA Level 1 － Sample 样题(3)－Q39 principles, class, face, accounting, otherwise

3975

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

All else equal, will a company's implementation of the accounting standard (SFAS 143) related to asset retirement obligations incurred because of environmental damage most likely increase or decrease that company's:

      return on assets? net income?

A.   Increase      Increase

B.    Increase       Decrease

C.   Decrease       Increase

D.   Decrease       Decrease

A. Answer A

B. Answer B

C. Answer C

D. Answer D

 

xxjj564

 a

CFAcanada

 thx

wenganyang

asf

percy

3

frank45_21

LOOK

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d

johnheman

so, this is....

jasperdong

thanks

zhujjing

b