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bija089 [108]
2 years ago
9

Which inventory costing method assumes that items in ending inventory are the most recently acquired?

Business
1 answer:
dexar [7]2 years ago
4 0

The Last-In, First-Out (LIFO) inventory costing method assumes that items in ending inventory are the most recently acquired.

<h3>What is LIFO and FIFO methods of inventory?</h3>

LIFO refers to the Last In, First Out. LIFO is a method that assumes that the last unit that has been added in the inventory or more recently, will be sold first.

FIFO stands for First In, First Out. FIFO method assumes that the oldest unit of inventory that has been added first, would be sold first.

Basically, FIFO and LIFO accounting are the inventory costing methods used in managing inventory.

Learn more about LIFO and FIFO here:-

brainly.com/question/17236535

#SPJ4

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Susie buys a share of Alphabet stock through her broker, Mr. Diaz, who works for Acme Investing and purchases the stock at the N
Andrew [12]

Answer:

Alphabet stock; Acme Investing; New York Stock Exchange.

Explanation:

Susie buys a share of Alphabet stock through her broker, Mr. Diaz, who works for Acme Investing and purchases the stock at the New York Stock Exchange. In this transaction, Alphabet stock is a financial instrument, Acme Investing is a financial institution, and New York Stock Exchange represents a financial market.

Financial instruments can be defined as assets which are having monetary value or used to record a monetary transaction. Financial instruments are generally classified on the basis of their risks, maturity, issuers etc. Some examples of financial instruments are stocks, treasury bills, commercial paper, money market mutual fund, certificate of deposits, corporate bonds etc. The market where these financial instruments (securities and derivatives) are being traded at a low transaction rate is referred to as the financial market.

Furthermore, financial institutions can be defined as a business firm or company that is involved in the business of trading financial instruments.

6 0
3 years ago
When BBG Inc. was preparing to roll out a new performance management system, Kayla, the human resource executive, insisted that
Vedmedyk [2.9K]

Answer:

If workers see productivity assessments as reasonable, they are more likely to follow the suggestions, in plain words. There seems to be a book called 'the 4 execution styles' in which the writer discusses the significance of indicators in team results. Keeping in consideration the measures help us to evaluate and respond to the institution's demanded goals.

 

4 0
3 years ago
Dannon Co. reported its expenses of $35,200 on the cash basis. Corporate records revealed the following information: Beginning p
Elena-2011 [213]

Answer:

Explanation:

The computation of expense amount is shown below:

=  Expenses - adjusted prepaid expense + adjusted accrued expense

= $35,200 - $500 -  $450

=  $34,250

The adjusted prepaid expense is computed by

= Ending balance of prepaid expense - beginning balance of prepaid expense

= $1,800 - $1,300

= $500

And, the The adjusted accrued expense is computed by

= Ending balance of accrued expense - beginning balance of accrued expense

= $1,200 - $1,650

= -$450

8 0
2 years ago
Match each situation with the term that best describes it. Use each term only once.
Dmitry [639]

Answer:

1. One of your subordinates only seems to respond to threats of punishment. What type of power should you use to motivate him?

h. <u>Persuasive power </u>

2. You manage a difficult subordinate who only cooperates when she feels that you have the formal authority to ask her to do something. What type of power should you use to motivate her?

b. <u>Legitimate power</u>

3. One of your subordinates looks up to you as a role model. What type of power should you use to motivate her?

a. <u>Personal power</u>

Explanation:

In any given situations there are different incidents that would require someone to apply different power in-order to manage the situation. This could be in form of motivation or deterrent method during the application of the power.

For example, in the case of the subordinate looking up to you as a role model, you should apply personal power in-order to motivate the person. the personal power will help you to build personal relationship between the subordinate and you.

7 0
2 years ago
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vampirchik [111]

Answer: Females, Housewives bb

Explanation:

The soap can be used as dish wash bar for cutting heavy grease from utensils. Thus the soap company would target females, housewifes. This is because the soap can be used in washing of their utensils. the company could also target manufacturing plants, restaurants, warehouses, hospital and pharmaceutical industries and resort. In these sectors regular hand soap is because in this sectors hand soap are needed. The soap can be sold through retail stores so everyone can have access it easily.

6 0
3 years ago
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