8.6 Presentation and Decision Analysis Why must companies report inventory composition? O so that changes in costing methods between types of inventory may be clearly seen to prevent changes to net income when costing methods are changed O to better illustrate the value of the inventory as collateral O to better illustrate the liquidity of the inventory

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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8.6 Presentation and Decision Analysis Why must companies report inventory composition? O so that
changes in costing methods between types of inventory may be clearly seen to prevent changes to
net income when costing methods are changed O to better illustrate the value of the inventory as
collateral O to better illustrate the liquidity of the inventory
Transcribed Image Text:8.6 Presentation and Decision Analysis Why must companies report inventory composition? O so that changes in costing methods between types of inventory may be clearly seen to prevent changes to net income when costing methods are changed O to better illustrate the value of the inventory as collateral O to better illustrate the liquidity of the inventory
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