问题
单项选择题
In periods of rising prices and stable or increasing inventory quantities, which of the following statements about companies that use LIFO inventory accounting compared with FIFO is least accurate Compared with FIFO companies, LIFO companies will have:()
A. higher COGS, lower taxes.
B. higher net income, higher taxes.
C. higher cash flows, lower working capital.
答案
参考答案:B
解析:
FIFO companies have higher net income and higher taxes.