Which of the following is not an acceptable inventory costing method?
a. Specific identification
b. Last-In, First-Out (LIFO)
c. First-In, First-Out (FIFO)
d. Average cost
e. Next-In, First-Out (NIFO)
E
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Xtreme Xcellence, a worldwide leader in athletic apparel products, operates divisions in North America, South America, Europe, and Asia-Pacific. Each division is managed independently and has its own line and staff departments to better align with
A. product. B. geographies. C. matrix lines. D. customer. E. functions.
The difference in time between planned order release and planned order receipt ______.
a. ensures safety lead time b. depends on lead time required c. depends on inventory holding cost d. is called time phasing
An example of inconsistency would be a data flow that appears on a higher-level DFD but not on lower levels (also a violation of balancing)
Indicate whether the statement is true or false
You are an employee of a company. Which of the following is NOT a benefit of understanding the company's financial statements?
A) This understanding helps you determine the company's financial health and judge whether your job is secure. B) This understanding inspires and helps you to do your job more effectively. C) This understanding gives you an idea of how likely it is you'll get a raise or promotion. D) This understanding positions you to predict which employees could be demoted into which positions.