You must complete the activity in class materials to complete this assignment. Go to course materials, click on Unit 4 tab, click on view unit, click on the activity button, and follow the directions in the activity. After completion of the activity answer the following question:
What type of inflation accounting do you favor under high inflationary periods?
Do you think tax allocation can improve the prediction of future tax payments in the short run?
What are the economic consequences of SFAS No.87?