If the cost of an item of inventory is $50 and the market value is $57, the amount included in inventory according to the lower-of-cost-or-market is:
A) $7.
B) $50.
C) $57.
D) $107.
B
You might also like to view...
A year after she assisted Thomas Engineering in making changes to an employee incentive plan, Kara, an OD consultant, is visiting the company to determine if the changes were helpful. Kara will compare sales and turnover data from the last three years to the current year. Kara is in the ______ stage of the OD process.
A. refreezing B. intervention C. diagnosis D. evaluation E. adaptation
The present value of $500,000 received at the end of five years discounted at 10% is
A) $805,255. B) $310,461. C) $306,957. D) none of these
How are ethical rules established in Kantian ethics?
A) by a set of universal rules that are based on consistency and reversibility B) by following principles that have been derived from holy books C) by an individual's feelings on what is right and wrong D) by choosing the alternative that is best for society as a whole
Select the item thatBEST combines empathy, conciseness, and clarity
a. Justin, get this information for me now. b. I need this report by 10 a.m. tomorrow. c. This is important. Get the information for me as soon as you can. d. I'll need this report by 10 a.m. tomorrow. Please start on it now and let me know if you need help.