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- UID
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- 2011-7-11
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- 2014-8-6
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do not think so.
FIFO - earliest piece of inventory is in COGS. So Historic Rate is the COGS rate.
LIFO - last pieces of inventory is in COGS -> so Historic Rate is the CURRENT rate.
pretty sure about this.
Please read the paragraph on pg 175 in the CFAI text ....
(3rd up from bottom of page)
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发表于 2011-7-13 14:21
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