If a company uses LIFO to prepare its U.S. tax return, then it must use LIFO to prepare its financial statements.

Answer the following statement true (T) or false (F)


True

In the United States, the LIFO Conformity Rule requires that if LIFO is used on the income tax return, it also must be used in financial statement reporting.

Business

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A corporation's board of directors is elected by the chairperson of the company.

Answer the following statement(s) true (T) or false (F)

Business

A company that produces standard items for a competitive market should have the same pricing strategies as a company that makes unique items custom-designed for its customers

Indicate whether the statement is true or false

Business

Every employer has a general duty to provide a place of employment free from recognized hazards.

Answer the following statement true (T) or false (F)

Business

________ connects a mobile device to a network or another computing device, anytime, anywhere

A) Wireless application protocol B) Mobile operating system C) Wireless mobile computing D) Wireless middleware

Business