All of the following are considered by analysts when assessing the quality of accounting except:
A) Price variation and the speed at which inventory turns over
B) Any liquidation of FIFO inventory layers
C) Any physical deterioration or obsolescence of inventory
D) The inventory cost-flow assumption chosen by management

Question

Quizplus · Accepted Answer

Analysts do consider price variation, speed of inventory turnover, physical deterioration or obsolescence of inventory, and the inventory cost-flow assumption chosen by management when assessing the quality of accounting. However, liquidation of FIFO inventory layers is not a factor typically considered.

All of the Following Are Considered by Analysts When Assessing