The lower-of-cost-or-market method is used for inventory despite being less conservative than valuing inventory at market value.

a. true
b. false


Ans: b. false

Business

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Small Business Innovation Research grants are funded by federal agencies, which provide a portion of their R&D funds to small businesses.

Answer the following statement true (T) or false (F)

Business

All of the following complicate the implementation of an international diversification strategy EXCEPT:

A. widespread multilingualism. B. increased costs of coordination between business units. C. cultural diversity. D. logistical costs.

Business

For multivariate statistical techniques, when there is ________, cluster analysis and multidimensional scaling can be used

A) variable interdependence B) one dependent variable C) more than one dependent variable D) interobject similarity

Business

In the context of the working capital cycle, working capital is best described as:

a. Long-term assets that are required to run and grow the business, plus accounts receivable. b. Long-term assets that are required to run and grow the business, plus accounts payable. c. Liquid assets that are required to run and grow the business, minus accounts receivable. d. Liquid assets that are required to run and grow the business, minus accounts payable.

Business