题目如下
During a period of inflation, the specific price of a parcel of land
increased at a lower rate than the consumer price index. The accounting
method that would measure the land at the highest amount is
a. Historical cost/ nominal dollar
b. Current cost/nominal dollar
C. Current cost/constant dollar
D.Historical cost/constant dollar
The answer is D, Historical cost/constant dollar.
The explanation from Becker is accounting is based on historical cost which
is then adjusted for inflation