NO.PZ2024011002000073
问题如下：
A US-based company wrote down its inventories last year because it thought that the target market was shrinking and the resale price was declining sharply. This year, it estimated that emerging markets would have more demand than expected and cause the market value to rise over the original cost. Which of the following measures can the company take to respond the changing market conditions?选项：
A.Reversing the writing-down to the initial cost.
B.Revaluing the inventories up to the market value.
C.No action can be taken.
解释：
Based on US GAAP, if the current cost exceeds the original cost, it’s not permitted for reversal of inventory writing-down.题目没有明确说明的话，到底默认是IFRS还是US GAPP？好像有些题目是IFRS，到这道题有说到Market Value所以我觉得是US GAPP