The dollar-value LIFO method measures any increases and decreases in a pool in terms of total dollar value and physical quantity of the goods.

__________________ - relationship between a corporation and its shareholders. Corporate governance specifies the rights and responsibilities among different corporate participants and spells out the rules and procedures for making decisions on corporate affairs.

Fill in the blank(s) with the appropriate word(s).

Suppose that you have been operating an online marketing business out of your home, and the business has recently expanded beyond belief. Since you have neglected your personal finances for some time, what would you do as a first step?

A) Separate your personal finances from the business finances. B) Combine your personal finances and business finances to save time. C) Rent a separate office for your business activities. D) Purchase a software program to handle both your business and personal finance at the same time.