Accurate inventory amounts are not necessary for accounting purposes because an error in inventory will "wash out" over a two-year period

a. True
b. False
Indicate whether the statement is true or false


False

Business

You might also like to view...

What is “grit” and why is it important in recruiting?

What will be an ideal response?

Business

Which of the following lines of code is syntactically correct?

A. DECLARE   order NUMBER;   departure DATE; BEGIN   ---- executable statements --- END B. DECLARE   order NUMBER;   departure DATE BEGIN   ---- executable statements --- END C. DECLARE   order NUMBER(2);   departure DATE; BEGIN;   ---- executable statements --- END D. DECLARE   order NUMBER(3);   departure DATE; BEGIN   ---- executable statements --- END;

Business

A long-term corporate loan secured by a lien on corporate assets is called a ________

A) bond B) note C) debenture D) share

Business

Asset Y has a beta of 1.2. The risk-free rate of return is 6 percent, while the return on the market portfolio of assets is 12 percent. The asset's market risk premium is ________

A) 7.2 percent B) 6.0 percent C) 13.2 percent D) 10 percent

Business