NO.PZ2018062004000151
问题如下:
Assuming a periodic inventory system, company M follows U.S.GAAP and company N follows IFRS. Which of the following is unlikely to happen?
选项:
A.Company N uses the LIFO method.
B.Company M uses the FIFO method.
C.Company N reversed a write-down of its inventory.
解释:
A is correct. The LIFO method is banned under IFRS.
如题