【精品】中财分析

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1、CHAPTER8VALUATIONOFINVENTORIES:ACOST-BASISAPPROACHIFRSquestionsareavailableattheendofthischapter.TRUE-FALSE—ConceptualAnswerNo.DescriptionT1.Work-in-processinventory.F2.Merchandisingandmanufacturinginventoryaccounts.F3.Perpetualinventorysystem.F4.Determiningwhentitlepasses.T5.Inventoryerror

2、s.T6.Overstatementofpurchasesandendinginventory.F7.Periodvs.productcosts.T8.ReportingPurchaseDiscountsLost.F9.Costflowassumption.T10.FIFOperiodicvs.perpetualsystem.T11.Purchasecommitments.F12.UsingLIFOforreportingpurposes.F13.LIFOliquidation.T14.LIFOliquidations.T15.Dollar-valueLIFOF16.Doll

3、ar-valueLIFOmethod・F17.LIFO-FIFOcomparison.T18.LIFOconformityrule.F19.Selectionofinventorymethod.T20.AppropriatenessofLIFO.MULTIPLECHOICE—ConceptualAnswerNo.Descriptionc21.Identifymanufacturerinventorysimilartomerchandiseinventory.b22.Classificationofrawmaterials.b23.Accountsincludedininven

4、tory.a24.Reasoninventoriesareineludedinnetincomecomputation.c25.Characteristicofperpetualinventorysystem・a26.Reportingconsignmentinventoryinbalaneesheet.d27.Reportinggoodsintransitpurchasedf.o.b.destination.b28.Effectofinventoryerroronnetincome.b29.Effectofgoodsintransitonthecurrentratio.c3

5、0.Descriptionofconsignedinventory.d31.Entriesunderperpetualinventorysystem.b32.Classificationofgoodsintransit.a33.Classificationofgoodsintransit.MULTIPLECHOICE—Conceptual(cont.)AnswerNo.Descriptiond34.Identifyinventoryownership.d35.Identifyaproductfinancingarrangement.a36.Identifyownershipu

6、nderproductfinancingarrangement.b37.Classificationofgoodsonconsignment.s38.Valuationofinventories.p39.Classificationofbeginninginventory.p40.Effectofbeginninginventoryoverstated.s41.Effectofunderstatingpurchases.42.Effectofrecordingmerchandiseonconsignment.a43.Effectofendinginventoryoverval

7、uation.a44.Effectofinventoryerrorsonincome.d45.Effectofunderstatingpurchasesandendinginventory.b46.Effectofbeginninginventoryoverstatement.c47.Identificationofaproductcost.d48.Identificationofaperiodcost.d49.Methodusedtorecordcashdiscounts.a50.Identifica