问题如下:
4. The most accurate statement regarding Annan’s reasoning for requiring Kern to select a competitor that reports under IFRS for comparative purposes is that under US GAAP:
选项: fair values are used to value inventory.
the LIFO method is permitted to value inventory.
C.the specific identification method is permitted to value inventory.
解释:
For comparative purposes, the choice of a competitor that reports under IFRS is requested because LIFO is permitted under US GAAP.
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