Answer:
the financial accounting standard board
The answer is true. It is because the actions of both groups
or individuals has showed agreement in which they don’t need to write it or
provide any written agreement even if needed because they have proven both of
their existence.
Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
<h3>What is a recession?</h3>
This is the economic term that is used to tell us that a particular nation is experiencing an economic downturn. During the period of recessions, the trades and the economic activities that are in a nation would also have to fall.
Hence we can say that Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
Read more on recession here: brainly.com/question/1417711
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Answer:
Check the explanation
Explanation:
FIFO and LIFO accounting are method or techniques that are used in financial matters and inventory managing that involves the amount of money an organization has to have tied up within inventory of manufactured goods, raw materials, parts, components, or feedstock.
kindly check the attached images below for the inventory entries.
