Under US GAAP, which of the following is least likely a disclosure concerning inventory？

A、A decrease in notes payable.

B、An increase in interest expense.

C、An increase in accounts payable.

A.A long-lived asset reclassified as held for sale from held for use need not do the impairment test when reclassified.

B.Under US GAAP, assessing recoverability of a long-lived asset is separate from calculating the impairment loss.

C.Under US IFRS, the loss can be reversed if the value of the impaired asset recovers in the future with no limitation.

A、Receipt of cash from the sale of bonds.

B、Payment of cash for dividends.

C、Payment of interest on debt.

A. reduction in tax rates.

B. decrease in interest rates.

C. increase in the carry forward periods available under the tax law.

A、IFRS,a classified balance sheet must present current assets before non-current assets.

B、US GAAP,intangibles must be valued at historical cost.

C、IFRS,a commercial real estate company should use a liquidity based presentation.

Is the reversal of an inventory write-down permitted under U.S. GAAP (generally accepted accounting principles) and International Financial Reporting Standards (IFRS)？

A. No, under both

B. Yes, under both

C. Yes under IFRS but not under U.S. GAAP

Which of these regions exports least to Japan？

A．Europe

B．Asia

C．The US

A、the accounting assumption

B、the accounting principles

C、the accounting constraints

D、the accounting laws

Which of the following is LEAST likely to be a statement of pro-oil commentators？

A．The US government can and should do little to change the current energy formula.

B．The oil reserves will be used up very soon in the near future.

C．Alternative energy can only provide a small portion of the energy needed.

D．The proportion of oil in the composition of energy consumption is market-driven rather than government-regulated.