CDE are the answers to this question.
MATERIAL CONTROL is a management function whereby procurement, storage and issuance of the same for the purposes of manufacturing the products or consumption are conducted.
Under this function, policies that involve suppliers selection, ordered quantities, price fixation, and terms of delivery are formulated.
Answer: A. Zero because all the gains offset the losses.
Explanation:
Based on the information given in the question, the net capital gain/loss for the current year will be:
First and foremost, we should note that the net income of $26,000 will not be added to our calculations.
Then, we then add the gain on capital assets from the options a-d given and subtract from the capital loss. This will be:
= $13,000 - ($23,000) + $4,000 + $6,000
= $13000 + $4000 + $6000 - $23000
= $23000 - $23000
= 0
Note that $23000 was subtracted because it was the only loss incurred on the capital asset from the options.
Only take what you need because if you take too much you won't know what to do with it. Also if you only take what you need it will be easier to pay back later. win/win
