Answer:
TRUE
Explanation:
Arguments for the specific identification method are as follows:
(1)It provides an accurate and ideal matching of costs and revenues because the cost is specifically identified with the sales price.
(2)The method is realistic and objective since it adheres to the actual physical flow of goods rather than an artificial flow of costs.
(3)Inventory is valued at actual cost instead of an assumed cost.
Arguments against the specific identification method include the following:
(1)The cost of using it restricts its use to goods of high unit value.
(2)The method is impractical for manufacturing processes or cases in which units are com-mingled and identity lost.
(3)It allows an artificial determination of income by permitting arbitrary selection of the items to be sold from a homogeneous group.
(4)It may not be a meaningful method of assigning costs in periods of changing price levels
Answer
Workers should avoid discrimination and unfair treatment at work places.
Explanation
In the United States, the Civil Right Act of 1964 and other cats prohibits discrimination at workplace. Increased cultural and gender diversity has brought to work together so as to reach job goals thus discrimination should be avoided conflicts and misunderstanding at workplaces.This is a good advise because it will increase staff morale and improve productivity due to proper utilization of workers from diverse origins.
Answer:
The correct answer to the following question will be "$1.04/C$1".
Explanation:
The given values are:
U.S's spot rate = $1/C$1
Rate of inflation = 4%
Now,
According to Relative PPP, As Canada will have lower unemployment or inflation, its currency would appreciation by the gap in society, thus by 4%.
Hence,
New rate =
= $