Answer:
the answer is b: none of the listed options
Explanation:
The statement which does not accurately describe the lower of cost or net realizable value valuation method for inventory is:
- <u>C. The journal entry to write down inventory does not affect pretax income</u>
Inventory has to do with the accurate listings of the goods which a business has in stock for purposes of selling. This is important because it helps to prevent theft and also to properly calculate profit and loss.
As a result of this, we can see that the lower of cost method for making inventory is a type of inventory which states that a business must have records of goods which cost lower than their current market pricing and this is used when there is a reduction in market prices
Therefore, the correct answer is option C because the journal entry does not show the pretax earnings.
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brainly.com/question/16343423
Quince's right to hold ray liable for any damages he has to pay is the right of indemnification. The correct answer is letter A. Indemnification is defined as a contractual obligation by which one party is obliged to compensate the loss by which the associated party has experienced because of the act done by the other.
Keynesian analysis stresses that a tax cut that increases the government's budget deficit or reduces its budget surplus would: will stimulate aggregate demand and, thereby, promote employment.
<h3>\What is Keynesian analysis?</h3>
This is used to refer to the economics analysis of Maynard Keynes. He was a foremost economist that lived.
Keynes have the opinion that when the spending of a government is more than the money it generates, the large deficit would help raise aggregate demand.
This would raise government spending and the raise economic activities and decrease unemployment.
Read more on Keynes here: brainly.com/question/1171653