NO.PZ2017102901000040
问题如下：
If inventory unit costs are increasing from period-to-period, a LIFO liquidation is most likely to result in an increase in:
选项：
A. gross profit.
B. LIFO reserve.
C. inventory carrying amounts.
解释：
A is correct.
When the number of units sold exceeds the number of units purchased, a company using LIFO will experience a LIFO liquidation. If inventory unit costs have been rising from period-to-period and a LIFO liquidation occurs, it will produce an increase in gross profit as a result of the lower inventory carrying amounts of the liquidated units (lower cost per unit of the liquidated units).
为什么c不对呢 COGs下降 Inventory book value 上升