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weatherford4
Sep 13, 2007, 07:27 AM
A common application of the conservatism constraint is the use of the:

a. Straight line depreciation method for plant assets

b. lower the cost or market method for invetories

c. FIFO method for inventory valuation

d. All of the above

4Melanie
Sep 17, 2007, 07:43 PM
A common application of the conservatism constraint is the use of the:

a. Straight line depreciation method for plant assets

b. lower the cost or market method for invetories

c. FIFO method for inventory valuation

d. All of the above
D - all of the above. Is this information in your text booK??