NO.PZ2023081403000065
问题如下:
Q. Zimt AG uses the FIFO method, and Nutmeg Inc. uses the LIFO method. Compared to the cost of replacing the inventory, during periods of rising prices, the cost of sales reported by:选项:
A.Zimt is too low. B.Nutmeg is too low. C.Nutmeg is too high.解释:
A is correct. Zimt uses the FIFO method, so its cost of sales represents units purchased at a (no longer available) lower price. Nutmeg uses the LIFO method, so its cost of sales is approximately equal to the current replacement cost of inventory.
为什么呢