Mount Tai is the easternmost mountain and takes the lead in the five sacred mountains.

【填空题】Listen to the interview and fill in the missing words. Interviewer: Today we are talking to Joe Bartts who is trying to save our environment by riding his bicycle. Good afternoon, Joe, thank you for coming here today. Did you come by bicycle? Joe: Yes, I did. I go [1]……………… by bike, so I produce [2]………… CO2 emission. Interviewer: Is that the only reason? Joe: No, I don’t need to fill my bike with [3]………… so I am not using up [4]…………… that will soon become [5]…………Another reason is that if[6]………… people go by bicycle, we will need [7]………… new roads. That would mean we don’t need to cut down so many [8]………… . Interviewer: What about [9]…………? Joe: That depends on how [10]…………you have to go. If you are not going far, it is [11]…………to go by bike and you will get [12]…………quite fast. Interviewer: Thank you for coming in today and …

During a period of steadily increasing purchase costs, answer the following questions: a. Which inventory flow assumption results in the highest reported profits? The lowest taxable income? The valuation of inventory that is closest to current replacement cost? Briefly explain your answers. Maximum 100 words for this part of the question. b. If the Company’s manager earns a bonus based on a percentage of gross profit, which method of inventory costing will the manager likely prefer? Briefly explain your answer. Maximum 50 words for this part of the question. Company W has been using FIFO during a period of rising costs. Explain whether you would expect each of the following measurements to be higher or lower if the company had been using LIFO. c. Net income d. Income taxes expenses.

A、Colour

B、Shape

C、Aroma

D、Taste