Which method of inventory costing is not acceptable for financial accounting purposes?
a. Specific Identification
b. LIFO
c. FIFO
d. Replacement Cost
d
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The Constitution is vague about the president's authority over the executive branch. Which presidential power gives the president the power to shape policy________?
a -appointment b -"power of the purse" determine the budget c -power to establish or abolish executive departments d -conducting investigations
Critics charge that high advertising and promotion costs unnecessarily increase retail prices. Marketers most likely respond to this criticism by arguing that advertising ________
A) provides essential psychological benefits about products B) adds value by giving consumers product information C) generates tax breaks for small businesses D) applies a functional value to the product E) lowers prices by increasing competition
The Basketball Division of Thunder Sports Enterprises reported the following financial data for the year: Assets available for use $1,200,000 Book Value $1,500,000 Market Value Residual income $108,000 Return on investment 14% Refer to Thunder Sports Enterprises. What was the target rate of return for Thunder Sports Enterprises?
a. 4% b. 5% c. 7% d. 9%
Eduardo tries to look competent by talking about his internship experience during an interview for an accounting job. He is using which type of impression management technique?
A. acquisitive/indirect B. protective/direct C. protective/indirect D. acquisitive/direct