Answer the following statements true (T) or false (F)
1. Determining the unit costs assigned to inventory items is one of the most important decisions in accounting for inventory.
2. When units are purchased at different costs over time, determining the cost per unit assigned to inventory items is simple.
3. LIFO assumes that inventory costs flow in the order incurred.
4.The assignment of costs to cost of goods sold and inventory using weighted average usually yields different results depending on whether a perpetual or periodic system is used.
5. The FIFO inventory method assumes that costs for the latest units purchased are the first to be charged to the cost of goods sold.
1. TRUE
2. FALSE
3. FALSE
4. TRUE
5. FALSE
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Answer the following statements true (T) or false (F)
1. The first model of communication described communication as one-way transfer of information. 2. Communication competence is achieved when we communicate in personally effectively and socially appropriate ways. 3. The social realities we construct can constrain or limit our abilities to perceive others and frame events. 4. Engagement refers to the power of communication to link and relate us to people, communities, social institutions, and cultures. 5. Communication activism is a form of engagement used to support social change in communities.
Annabeth is looking for a Michael Kors chronograph watch, and assumes she can view and try them on at Macy's. She makes a special trip to the store to look at the watches, and selects the style she likes best. Which aspect of choosing a retail partner allowed Annabeth to confidently shop for this item at a particular store?
A. customer expectations B. vertical integration of channel C. channel structure D. distribution intensity E. channel characteristics
Non-programmed decisions are those that are:
A) Programmed by authority B) Not programmed by authority C) Repetitive and routine D) Infrequent
Nuhitzu believes it has the technological expertise to produce communication systems that will be leaders around the globe. Boston Electronics is widely regarded as having excellent management systems and superior marketing programs. To utilize these strengths, the two firms might form a(n) ____ to work together on a worldwide basis.
A. licensing agreement B. export trading company C. joint agreement D. strategic alliance E. multinational enterprise