单项选择题
Use of historical cost accounting means asset values can be reliably verified but it has a number of shortcomings which need to be considered when analysing financial statements.Which of these is a possible result of the use of historical cost accounting during a period of inflation?
A.Overstatement of non-current asset values
B.Overstatement of profits
C.Understatement of interest costs
D.Understatement of ROCE