Application of the lower-of-cost-or-market rule results in inconsistency because a company may value inventory at cost in one year and at market in the next year.

For a promissory note, the entity to whom the promise of future payment is made is the ________

A) maker of the note B) endorser of the note C) banker of the note D) payee of the note

_____In organizations, random assignment is the method to use when placing individuals in the control group and trainee group

Indicate whether the statement is true or false