Discusses the advantages and disadvantages of alternative inventory flow assumptions allowed in the United States. A single exhibit shows that in Year 2, a company using LIFO in Year 1 could report higher net income by switching to FIFO at a cost of higher income taxes. Retaining LIFO would save taxes but lead to lower reported income. A rewritten version of an earlier note.

【書誌情報】

ページ数：3ページ

サイズ：A4

商品番号：HBSP-104087

発行日：2004/6/10

登録日：2020/1/23