NO.PZ2016012101000150
问题如下：
Compared to using the FIFO method to account for inventory, during periods of rising prices, a company using the LIFO method is most likely to report higher: (assume the companies use a periodic inventory system)
选项：
A. net income.
B. cost of sales.
C. income taxes.
解释：
B is correct.
The LIFO method increases cost of sales, thus reducing profits and the taxes thereon.
解析：目前是价格上升的市场。题目问相比FIFO，LIFO的哪个科目金额更大。
LIFO后进先出，最新采购的存货最先卖出，因此COGS体现的是最新的存货市场价格，LIFO下的COGS更高，选项B正确。
LIFO方法下，COGS更高，会导致税前收入更低，因此income tax更低，选项C错误。
COGS费用更高，则NI净利润更低，选项A错误。
用lifo的话不应该是cogs更低么
