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3 years ago

in a period of rising prices, the inventory method which tends to give the highest cost of goods sold value is

Business

1 answer:

aliya0001 [1]3 years ago

4 0

Answer:

First In, First Out (FIFO).

Explanation:

FIFO is an acronym for "First In, First Out" and it assumes oldest unit of inventory is sold first, meaning goods that were first added to inventory are the first goods removed from inventory for sale and are recorded as sold first.

FIFO can be defined as an accounting methods used in managing costs related to inventory, stock repurchases at different times and financial activities associated with monetary costs a company had tied up within inventory of feedstocks, raw materials, produced goods, and equipment parts.

Simply stated, FIFO is an accounting methods used for the valuation of the cost of goods sold and ending inventory of a company.

In a period of rising prices, the inventory method which tends to give the highest cost of goods sold value is First In, First Out (FIFO). This is because the more recent costs represent the higher (rising) net income and a higher (rising) inventory valuation costs.

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Regular participation in sports helps preserve muscle mass.

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The overarching goals of weight loss and management are:

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Complete Question :-

Weight management is one benefit of participating in sports. Which sentence is true regarding weight management?

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Regular participation in sports helps preserve muscle mass.
You burn more calories when engaged in a sports activity that is less intense.
Sports can help you control your weight regardless of your diet.

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1 year ago

What can be done when parties are faced with moral differences that seem to be intolerable?

nirvana33 [79]

They can go to a well known reputable counsellor and both present their points of view and their reasoning and discuss it with the counsellor who should be able to delve into the reasoning for their moral positions and perhaps find common ground for the two positions or point out inconsistencies in the arguments of one to increase understanding of the other parties's position and arrive at a mutually beneficial result.

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3 years ago

Salespeople who love their products, and possess vast product knowledge, sometimes overload their customers with product data th

Svetach [21]

Answer:

Option D Data Dump

Explanation:

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Question 13 of 20

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Answer:

he answer is : He likely did not cite his research, and committed plagiarism. Todd's manager has asked him to write a report on ways to increase safety in the warehouse. Todd used the Internet to research statistics and recommendations for improving safety in the workplace. He feels like he pulled together a really strong document and that his manager will be pleased. However, when he is called into his manager's office, his manager is concerned and tells him that he has been unethical in his work. He likely did not cite his research, and committed plagiarism. It is the practice of taking someone else's work or ideas and passing them off as one's own.

Explanation:

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3 years ago

As ________blank, pioneers have the advantage of creating a new market or product category, establishing a commanding initial ma

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