题目内容

Which statement is true?

An error overstating ending inventory in 2016 will understate 2016 net income.
B. Application of the lower-of-cost-or-market rule often results in a lower inventory value.
C. When prices are rising, the inventory method that results in the lowest ending inventory value is FIFO.
D. The inventory method that best matches current expense with current revenue is FIFO.

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The ending inventory of Cape Harbor Co. is $46,000. If beginning inventory was $64,000 and goods available (cost of goods available for sale) totaled $117,000, the cost of goods sold is

A. $71,000
B. $135,000
C. $64,000
D. $53,000

Chime Company had cost of goods sold of $150,000. The beginning and ending inventories were $13,000 and $28,000, respectively. Purchases for the period must have been

A. $178,000
B. $165,000
C. $163,000
D. $135,000

Beginning inventory is $110,000, purchases are $220,000, and sales total $500,000. The normal gross profit percentage is 35%. Using the gross profit method, how much is ending inventory?

A. $175,000
B. $215,000
C. $5,000
D. $280,000

( )是习近平新时代中国特色社会主义的重要组成部分,开拓了当代中国马克思主义军事理论和军事实践发展新境界,标志着党的军事知道理论的与时俱进。

A. 习近平强军思想
B. 国防现代化理论
C. 军队现代化思想
D. 科技强军理论