Question
You have recently been hired as the CFO of an organizationthat changes it's inventory costing methods each year.The inventory value is valued at $ 998,000.
You have recently been hired as the CFO of an organizationthat changes it's inventory costing methods each year.The inventory value is valued at $ 998,000. and represents 85% of organizations total assets.What is your reaction to this practice?What does GAAP recommend and why ?
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Accounting Information Systems
Authors: Robert Hurt
4th Edition
78025885, 78025884, 9781259293795 , 978-0078025884
