Antiques stores usually adopt the ________ method of inventory costing

a. Last–in, first–out
b. Specific identification
c. First–in, first–out
d. Moving average


b

Business

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The employee/payroll master data is the central repository of data about people who work for an organization

Indicate whether the statement is true or false

Business

Deed Manufacturers, a heavy machinery company, has employees belonging to the age group of 17 to 30. Todd, a 17-year-old, is prohibited from working with heavy machinery tools. Instead, he works in the mail room. Under the laws governing Fair Labor Standards Act (FLSA), which statement justifies the organization's decision to forbid Todd from doing heavy machinery work?

A. Todd cannot be employed in hazardous occupations because he is 17 years old. B. Todd is not a U.S. citizen, therefore he is prohibited from working in a hazardous environment. C. Todd is expected to work in a safe environment because he is male. D. Todd comes from an economically weaker background, therefore he is expected to perform clerical duties. E. Todd has not yet completed college, therefore he should only be given administrative duties.

Business

Pets R Us has recently acquired Caring for Pets and Pet Go Round. Since they all are similar in market share, Pets R Us is planning to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer. This is an example of which strategy?

A. Retrenchment strategy B. Internal growth strategy C. Divestment strategy D. Concentration strategy E. External growth strategy

Business

Falsifying public records or altering a legal document is larceny

Indicate whether the statement is true or false

Business