When using the FIFO inventory costing method, ending merchandise inventory will be the highest, as compared to LIFO and weighted-average inventory costing methods, when costs are decreasing

Indicate whether the statement is true or false

FALSE .When using the FIFO inventory costing method, ending merchandise inventory will be the highest when costs are increasing.

Business

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The two economic factors that reflect a country's attractiveness as a market are its industrial structure and import/export ratio

Indicate whether the statement is true or false

Business

Which of the following is most likely true about a global organization?

A) Worldwide policies are planned by top corporate management. B) Global operating units report to international division chiefs. C) Executive training is restricted to domestic operations. D) Employees are recruited exclusively from the home country. E) It considers itself a national marketer that sells abroad.

Business