Question

Several managers in your company are experiencing personal financial problems and have asked that your company switch from LIFO to FIFO so that they can receive bigger bonuses, which are tied to the company’s net income. How would you respond to this request if you were the company’s chief financial officer (CFO)? Would such a switch help the managers? Who could it hurt?


$1.99
Sales0
Views16
Comments0
  • CreatedNovember 02, 2015
  • Files Included
Post your question
5000