QUESTION 4 Which of the following would be considered conservative? Using the straight-line method of depreciating a fixed asset over a longer period of time Capitalizing advertising expenses Using LIFO methods to measure inventories and costs of goods sold Amortizing costs too slowly

Which of the following would be considered conservative? Using the straight-line method of depreciating a fixed asset over a longer period of time Capitalizing advertising expenses Using LIFO methods to measure inventories and costs of goods sold Amortizing costs too slowly