NO.PZ202308140300007702
问题如下：
Q. According to Exhibit 2, the 2018 Annual Report, if the company had used the FIFO inventory valuation method instead of the LIFO inventory valuation method for a portion of its inventory, the 2017 inventory value would be closest to:选项：
A.JPY104,698 million. B.JPY506,125 million. C.JPY618,692 million.解释：
C is correct. FIFO inventory = Reported inventory + LIFO reserve = JPY608,572 + 10,120 = JPY618,692. The LIFO reserve is disclosed in Note 2 of the notes to consolidated financial statements.
为什么 FIFO inventory = Reported inventory + LIFO reserve
