IFRS and GAAP are similar for all of the following inventory accounting standards except IFRS
A) do not allow the inclusion of overhead in inventory
B) have provisions for use of the LIFO cost flow assumption
C) exclude the weighted average approach to inventory valuation
D) require the same cost flow assumption for all inventories that are similar in nature and use
D
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Cray, a minor, returns a digital music player that he bought from Discount City, which re-funds the price. Their exchange involves? A)?emancipation
B)?ratification. C)?restitution. D)?misrepresentation.
Explain the main functionalities included in e-commerce merchant server software and the decision-making process for a manager choosing from among the various e-commerce merchant server software packages
What will be an ideal response?
Information regarding the ACT scores of samples of students in three different majors is given below.
Major
Management
Finance
Accounting
Sample size12
9
12
Average24
25
26
Sample variance18
7
10
?
a.Compute the overall sample mean .b.Set up the ANOVA table for this problem including the test statistic.c.Using ? = .01, determine the critical value of F.d.Using the critical value approach, test to determine whether there is a significant difference in the means of the three populations.e.Determine the p-value and use it for the test.
What will be an ideal response?
A POP3 server provides basic mailbox services
Indicate whether the statement is true or false