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CFA考试(Level Ⅰ) - 相关题库
单选题 编号:2692113
1. At the beginning of the year, Breidel Company changes its inventory accounting method from first in first out to average cost. Assuming an environment of increasing prices, how will this accounting change affect Breidel's forecasts of its net cash position?
  • A.No effect because this accounting change does not affect cash flows.
  • B.Less net cash in both the short-term forecast and the long-term forecast.
  • C.No effect on the short-term forecast but greater net cash in the long-term forecast.

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