更多"In a period of rising prices and st"的相关试题:
[单项选择]During periods of rising prices and stable or growing inventories, the most informative inventory accounting method for income statement purposes is: （）
A. FIFO because it allocates historical prices to cost of good sold (COGS) and provides a better measure of current income.
B. LIFO because it allocates historical prices to cost of good sold (COGS) and provides a better measure of current income.
C. LIFO because it allocates current prices to cost of good sold (COGS) and provides a better measure of current income.
[单项选择]During a period of rising prices a company may change from LIFO to FIFO to:（）
A. takes advantage of tax deferrals and reduce overall taxes paid.
B. increase COGS and, hence, increase the overall cash flow position of the firm.
C. increase reported inventory and, hence, improve various accounting constructs such as working capital
[单项选择]During a period of rising price and stable inventory levels, using the LIFO inventory accounting method results in cost of goods sold (COGS) that is:（）
A. less than COGS using the FIFO method.
B. equal to COGS using the FIFO method.
C. greater than COGS using the FIFO method.
[判断题]In times of rising prices, the LIFO method of inventory valuation is more prudent than the FIFO method.
[填空题]The rising rate of house prices is usually faster than that of inflation and so the American government sometimes adjusts the property taxes to make it exceed the rate of inflation.
[单项选择]Last week oil prices finally stopped rising. They now hover around $43 a barrel, a 20-year high. The average American family will spend about $2,700 on gasoline this year (driving 22,000 miles). That’s twice as much as it spent on gas two years ago. These prices are having a predictable consequence. The consumer price index has risen by 4.9 percent to date, versus 1.9 percent last year. And last week President Bush’s economic adviser, Gregory Mankiw, acknowledged that a $10 rise in the price of oil probably translates into a half-percentage-point drag on economic growth. For countries like Japan, China and India, the effect is even greater. How did this happen And can Washington—or anybody—to much about it
The answer that flashed on our television screens is instability in the Middle East. Pipeline explosions in Iraq, tensions with Iran and terror attacks in Saudi Arabia all contribute to what analysts call the "security premium" on the price of oil. But that premium might be
A. Pipeline explosion in Iraq.
B. Tensions with Iran.
C. Terror attacks in Saudi Arabia.
D. A massive increase in deman
[单项选择]Inflation is a period of rapid rises in prices. When your money buys fewer goods so that you get (56) for the same amount of money as before, inflation is the problem. Sometimes people describe inflation as a time when "a dollar is not (57) a dollar anymore".
Inflation is a problem for all consumers, especially people who live on a fixed income. Retired people, for instance, cannot (58) on an increase in income as prices rise. They face serious problems in stretching their incomes to (59) their needs in time of inflation. Many retired people must cut their spending to (60) rising prices. In many cases they must stop (61) some necessary items, such as food and clothing. Even (62) working people whose incomes are going up, inflation can also be a problem. The (63) of living goes up, and they must have even more money to maintain their standard of living. When incomes do not keep (64) with rising prices, living standard g
A. price
B. level
C. cost
D. if
