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Sonbull [250]
3 years ago
7

When using the specific identification inventory method, cost of goods sold equals the ______.

Business
1 answer:
aleksandrvk [35]3 years ago
4 0

With the <em>specific identification inventory method</em>, the Cost of Goods Sold equals the <em>exact costs of the items sold.</em>

The <em>specific identification inventory method</em> tracks each sold item to record its cost.  The Cost of Goods Sold includes only the actual cost of the items sold and not an average or assumed cost.

The <em>specific identification inventory method</em>  is not like the:

  • FIFO (First-in, First-out) method that assumes that items sold are from the first inventories in the store
  • LIFO (Last-in, First-out) method that assumes that items sold are from the last inventories in the store
  • Weighted-average method that takes the average cost for all the items in store to determine the cost of goods sold.

Thus, the <em>specific identification method</em> ensures that the Cost of Goods Sold equals the actual cost of the goods.

Read more: brainly.com/question/18522650

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An invoice is an example of which of the following?
Scilla [17]

A source document

This document, when coupled with a bill of lading and/or packing list, can be used to invoice a customer, which in turn generates a sale transaction. Supplier invoice. This is a source document that supports the issuance of a cash, check, or electronic payment to a supplier.

8 0
3 years ago
Transferable skills necessary for successful employment include
harkovskaia [24]

Answer:

Answer is option d i.e. all of the above.

Explanation:

Transferable skills are the skills or qualities that an individual has acquired through their learning processes in school, colleges, and life. These skills are those qualities that help an individual to land a successful job. Therefore, all three skills mentioned, which are basic skills, thinking skills, and personal qualities; above are included in transferable skills. Hence, the answer is option d.

8 0
3 years ago
Read 2 more answers
In CONTRAST to sexual reproduction in plants, sexually-reproducing fungi:
Thepotemich [5.8K]

Answer:

Option D,  separate the two stages of fusion between parent cells and parent DNA

Explanation:

The stage of sexual reproduction of fungi consists of three stages -  

A) plasmogamy

B) Karyogamy, and  

C) Meiosis  

In plasmogamy, two protoplasts fuses to bring closer two haploid nuclei. The two haploid nuclei fuse to form a diploid nucleus in karyogamy. After karyogamy meiosis occurs that leads to division of chromosome number in a way so that each cell contains one set of chromosome number.  

So , in nut shell in one stage the parent cell i.e protoplast fuses and in the other stage parent DNA fuses.  

5 0
3 years ago
The share price falls when a dividend is paid because the reduction in cash decreases the?
sesenic [268]

The share price falls when a dividend is paid because the reduction in cash decreases the market value of assets.

After a stock price goes ex-dividend, the share price in the market typically decreases by the amount of the dividend paid in order to reflect the fact that new shareholders there are not entitled to that payment.

In the market, when the dividends are paid out as stock instead of cash, then this can dilute earnings, which can also have a negative impact on share prices in the short term.

Hence, there is still no direct connection between a company's dividend and its stock price.

To learn more about dividends here:

brainly.com/question/2960815

#SPJ4

5 0
2 years ago
A stock trading company had the budget for enhancing its secondary datacenter approved. Since the main site is in a hurricane af
marshall27 [118]

Answer:

The correct answer is hot site.

Explanation:

A hot site is a site where a company's operation can take place after a disaster. it is a duplicate of the original site and is situated at an off-premises location. It is a backup site which has all the equipment that is required to continue operations. it is always online and immediately available.  

A warm site has lesser equipment than a hot site and requires more time to be operational. A cold site has the least equipment and takes a few days to be operational but is the cheapest alternative.  

Since the company here wants the business to resume in the least time it should go for a hot site.  

8 0
3 years ago
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