问题 单项选择题

Which of the following statements about last in, first out (LIFO) versus first in, first out (FIFO) is least likely correct In periods of rising prices and stable or increasing inventory quantities, FIFO, compared to LIFO, results in:()

A. higher working capital and lower cost of goods sold.

B. higher net income and higher taxes paid out.

C. lower cost of goods sold and higher inventory balances.

答案

参考答案:A

解析:

In periods of rising prices and stable or increasing inventory quantities, FIFO, compared to LIFO, results in higher working capital.

判断题
单项选择题