NO.PZ2023020602000115
问题如下：
Assume U.S. GAAP applies unless otherwise noted. Two companies are identical except for their accounting treatment of R&D costs. One company expenses all such costs immediately, while the other capitalizes a portion of the costs. Compared with the company that capitalizes costs, the company that expenses immediately will most likely:
选项：
A.Earn a lower return on assets.
B.Have lower financial leverage.
C.Report lower cash flow from operations in the statement of cash flows.
解释：
Companies that capitalize R&D costs report those expenditures in CFI; companies that expense R&D costs report those expenditures in CFO.C选项是指费用化后CFO流出多所以CFO低吗
