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When I look at “III-A-3, Impact of inflation/deflation” (III – Financial Statement, A – Financial modeling, projections, & Analysis) under BEC-Content Specification Outline, I can’t picture in what way or angle they are going to ask MC or they want us to know….well, I see its relationships in economic views…but, I just cant expect in Financial Statement view…is it “Expectation Theory”…umm, this talks relationships b/w Short & Long term rates…or like, is it impact of inf/def on balance sheet account (for example, Inventory). or like, IRR or NPV with Inf/Def….Obviously, I am stuck….Please help…
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