【判断题】During inflationary periods, the use of the LIFO method of costing inventory will result in a greater amount of net income than would result from the use of the FIFO method.()
【多选题】Marginal costing and absorption costing are different techniques for assessing profit in a period. If there are changes in inventory during a period, marginal costing and absorption costing give diffe...
A.
If inventory levels increase, marginal costing will report the higher profit.
B.
If inventory levels decrease, marginal costing will report the lower profit.
C.
If inventory levels decrease, marginal costing will report the higher profit.
D.
If the opening and closing inventory volumes are the same, marginal costing and absorption costing will give the same profit figure.