An inventory pricing procedure in which the current costs have a direct impact on the inventory is:
a. FIFO
b. LIFO
c. Base stock
d. Weighted-average
B
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The __________ resources department maintains policies, plans, and procedures for a company.
Fill in the blank(s) with the appropriate word(s).
The first time Barry brought his car to Auto Lube to have the oil changed he was very satisfied with the service. The service manager consulted him several times while his car was being serviced, asked him if there were any problems with the car, recommended when additional services should be performed and answered questions directly and politely. However, when Barry went back to Auto Lube after three months to have his oil changed again, he was not satisfied with the service. The manager spoke to him only when he arrived and when he paid his bill. In addition, the manager was impatient and unfriendly during the interaction. Barry's experience at Auto Lube illustrates the ________ of services.
A. Intangibility B. Divisibility C. Perishability D. Simultaneous production and consumption E. Heterogeneity
Not-for-profit organizations can take which of the following organizational forms?
A. Governmental. B. Both governmental and nongovernmental are acceptable organizational forms. C. Nongovernmental. D. Business.
Tenika has a $10,000 basis in her interest in the TF Partnership and no remaining precontribution gain immediately before receiving a current distribution that consisted of $4,000 in money, plastic tubes held in inventory with a $3,000 basis to the partnership and an FMV of $3,375, and drip irrigation pipe held as inventory with a $6,000 basis to the partnership and an FMV of $5,000. What is
Tenika's basis for the plastic tubes and drip irrigation pipe?
A)
C)
D)
