Which of the following is a true statement regarding primary authority of tax law?
A) Articles in The Journal of Taxation are viewed as primary authority.
B) Primary authority includes the Code, as well as administrative and judicial interpretations.
C) The Bloomberg BNA Daily Tax Reporter is a source of primary tax authority.
D) Tax services are sources of primary tax authority.
B) Primary authority includes the Code, as well as administrative and judicial interpretations.
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________ are end-of-season merchandise that will not be in the manufacturer's offerings going forward.
A. Category killers B. Soft goods C. Closeouts D. Endcaps E. Irregulars
The efficiency of an assembly line is found by a ratio of the sum of all task times divided by the cycle time.
Answer the following statement true (T) or false (F)
How do human CO 2 emissions contribute to climate change?
What will be an ideal response?
A company uses the periodic inventory system, and the following information is available. All purchases and sales are on credit. The selling price for the merchandise is $11 per unit.??UnitsUnit CostTotal Cost6/01Inventory Balance30$3$906/06Purchase7042806/11Purchase4552256/16Purchase506300?Goods available195?$8956/12Sale100??6/20Sale60???Goods sold160??6/31Inventory Balance35??Required:Determine the cost of the ending inventory and the cost of goods sold for June using the LIFO method.
What will be an ideal response?