Which of the following is not identified by the text as a possible consideration in bridging the digital divide?
A. Technological developments
B. Government policies to facilitate access
C. Companies' efforts towards corporate philanthropy to facilitate access
D. Efforts to enhance vulnerable population's willingness and ability to embrace technology in their lives
E. All of the above are identified by the text as possible considerations in bridging the digital divide.
E
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When a company uses LIFO for external reporting purposes and FIFO for internal reporting purposes, an Allowance to Reduce Inventory to LIFO account is used. This account should be reported
a. on the income statement in the Other Revenues and Gains section. b. on the income statement in the Cost of Goods Sold section. c. on the income statement in the Other Expenses and Losses section. d. on the balance sheet in the Current Assets section.
When actual input data from past periods is used to develop a budget
a. past inefficiencies are excluded. b. expected future changes are incorporated. c. information is available at a low cost. d. audited financial information must be used.