In periods of falling purchase prices and increasing inventory quantities, LIFO results in a _____ than either FIFO or the weighted-average cost-flow assumption
a. higher cost of goods sold; lower reported periodic income; lower current income taxes
b. lower cost of goods sold; lower reported periodic income; lower current income taxes
c. higher cost of goods sold; higher reported periodic income; lower current income taxes
d. higher cost of goods sold; higher reported periodic income; higher current income taxes
e. a lower cost of goods sold; higher reported periodic income; higher current income taxes
E
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The core competencies of a business are usually _________ .
a. Capabilities b. Procured/ Purchased c. Produced in-house d. Subcontracted
All but one of the following have an impact on the amount of leadership skills required in a supervisory position. Which does not have an impact?
A. The number of subordinates for whom the supervisor is responsible B. The personality of the supervisor C. The hierarchical level of the supervisor D. The background of the subordinates