Saturday, October 10, 2020

Which of the following considerations may influence a manager's choice of the inventory cost flow assumption for a company that experiences rising prices?

Which of the following considerations may influence a manager's choice of the inventory cost flow assumption for a company that experiences rising prices?


A) Compensation/bonus tied to reported income.

B) Meeting earnings targets.

C) Increase stock prices.

D) All of the other answers are considerations for the choice of inventory cost flow assumptions.


Answer: D

No comments:

Post a Comment

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio?

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio? A) Increase ...