新用户扫码下载
扫码下载APP
及时接收最新考试资讯及
备考信息
"Financial Report":Expenditure differentiation strategy
学习是一个不断积累的过程，每天学习一点，每天进步一点！为了帮助大家更高效地备考2021年CFA考试，正保会计网校每日为大家上新CFA习题供大家练习。让网校与您一起高效备考2021年CFA考试，梦想成真！
Questions 1:
The joint conceptual framework project of the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) guides the development of standards that are best described as:
A、 integrated with local legal and economic norms.
B 、comprehensive, complex rules designed to increase uniformity.
C、 based on principles that limit the range of acceptable approaches.
Questions 2:
A cell phone manufacturer has switched to high-margin premium-priced products with the most innovative features as part of its product differentiation strategy. Which of the following other changes is most consistent with this strategy?
A、 An increase in inventory levels
B 、A decrease in research and development expenditures
C 、An increase in advertising expenditures
View answer resolution
【Answer to question 1】C
【analysis】
C is correct. The joint conceptual framework project aims to develop accounting standards based on principles in an attempt to achieve consistency in financial reporting approaches and judgments while trying to limit the range of acceptable answers.
A is incorrect. The joint conceptual framework project reflects the widespread recognition that coordination among global standard-setting bodies is better suited to global capital markets than independent development of financial reporting standards within each country.
B is incorrect. This statement describes rules-based standards. The joint conceptual framework is designed to foster the development of principles-based standards.
【Answer to question 2】C
【analysis】
C is correct. Expenditures on advertising and research are required to support a product differentiation strategy. The effect on inventory is uncertain.
A is incorrect because it is uncertain what the impact on inventory would be.
B is incorrect because R&D expenditures would be expected to increase.
成功=时间+方法，自制力是这个等式的保障。世上无天才，高手都是来自刻苦的练习。而人们经常只看到“牛人”闪耀的成绩，其成绩背后无比寂寞的勤奋。小编相信，每天都在勤奋练习，即使是一点点的进步，大家一定可以成为人人称赞的“牛人”。
推荐阅读
新用户扫码下载
扫一扫关注
京公网安备 11010802023314号
