Which of the following businesses is most likely to benefit from an election to account for its inventory under LIFO?
A) A company producing the newest version of a tablet with ultra-long battery life. It believes it has a one-year lead over the competition.
B) A company producing products with copper as a key component — copper prices fluctuate widely.
C) A company producing parts for the auto industry — costs in this field tend to steadily climb.
D) None of the above.
C) A company producing parts for the auto industry — costs in this field tend to steadily climb.
LIFO is generally not recommended when costs fluctuate widely or in fields (such as electronics) where prices tend to decrease over time. LIFO is more advantageous when costs and prices are rising.
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In bivariate regression, which statement is true concerning the coefficient of determination, r2?
A) r2 is the square of the simple correlation coefficient obtained by correlating the two variables. B) r2 varies between 0 and 1. C) r2 signifies the proportion of the total variation in Y accounted for by the variation in X. D) All are correct.
Martina developed a new type of apple tree which could be reproduced through grafting. She cannot protect her rights in this tree by obtaining a plant patent since the tree cannot be reproduced by planting its seeds.
Answer the following statement true (T) or false (F)
A signed data message can only be viewed by a recipient with __________ capability
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