33、Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted. Carlton Company uses the LIFO inventory method, but most of the other companies in Carlton's industry use FIFO. Which of the following best describes one of the adjustments that would be made to Carlton's financial statements to compare Carlton with other companies in the industry? An increase in Carlton's LIFO reserve for the year would be: A. added to ending inventory. B. added to cost of goods sold. C. subtracted from ending inventory. D. subtracted from cost of goods sold. | 
发表于 2008-11-5 16:58
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