NO.PZ2018062004000149
问题如下:
Assuming a periodic inventory system, company M adopts the FIFO method, usually its inventory can not be sold out. When the purchasing price of inventory tends to rise, which of the following is true?
选项:
A.The gross profit margin will be lower if company M changes to LIFO method.
B.The gross profit margin will be higher if company M changes to LIFO method.
C.The gross profit margin will be the same if company M changes to LIFO method.
解释:
A is correct. When price rises, the LIFO method will lead to larger cost of sales, and then resullt in lower gross profit margin.
请问这道题periodic inventory system这个条件用的上吗?如果改成perpetual答案还一样吗?