The FASB 33 experiment required large firms to inflation adjust all but
A) plant.
B) interest.
C) inventories.
D) property.

Name: The FASB 33 experiment required large firms to inflation adjust all but A) plant. B) interest. C) inventories. D) property.
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Question

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The FASB 33 experiment required large firms to inflation adjust their financial statements except for interest, as it pertains to the cost of borrowing rather than a tangible asset that could be directly affected by inflation.

The FASB 33 Experiment Required Large Firms to Inflation Adjust