When accounting for inventory, are the first-in, first-out (FIFO) and last-in, first-out (LIFO) cost flow assumptions permitted under U.S. GAAP?　FIFO　　LIFO —— 财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 8　Financial Reporting and Analysis Income Statements, Balance Sheets, and Cash Flow Statements

财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 8　Financial Reporting and Analysis Income Statements, Balance Sheets, and Cash Flow Statements

单选题 编号：2689765

1. When accounting for inventory, are the first-in, first-out (FIFO) and last-in, first-out (LIFO) cost flow assumptions permitted under U.S. GAAP?
　FIFO　　LIFO

A.Yes　　　Yes
B.Yes　　　No
C.No　　　Yes

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