If a company is utilizing LIFO inventory costing, what might be the effect on the calculation of Cost of Goods sold in an interim financial statement?
a. cost of goods sold is calculated on a historical cost basis only
b. the interim cost of goods sold includes the replacement cost of temporarily liquidated inventory
c. cost of goods sold is not adjusted for any changes due to liquidation of LIFO inventory
d. any of the effects of liquidation are deferred until year end
b
Business
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The three types of training that seem to reduce expatriate failure include language training, practical training, and ________ training.
a) historical b) personality c) cultural d) logistics
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Which of the following would increase the necessary sample size in a study?
a. smaller mean of the variables in question b. less need for precision c. need to divide sample into sub-groups d. larger population e. smaller population
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