The assignment of costs to the cost of goods sold and to ending inventory using FIFO is the same for both the perpetual and periodic inventory systems.
Answer the following statement true (T) or false (F)
True
Business
You might also like to view...
Is it possible for comparative advantage to change, thus changing the direction of trade?
What will be an ideal response?
Business
Materials inventory only includes direct materials
Indicate whether the statement is true or false
Business
Rebecca has diabetes and is considered disabled under the Americans with Disabilities Act. Her boss allows her to take breaks to eat, to take her medication, and to test her blood-sugar levels. These actions by her employer are ______.
A. illegal discrimination B. compensatory damages C. reasonable accommodations D. bona fide occupational qualifications
Business
What is the significance of the 0/100 rule and the 50/50 rule and why would each be used?
What will be an ideal response?
Business