One consistency in conducting cross-national studies is the universal definition of "household" and "household size" across countries of the world

Indicate whether the statement is true or false

FALSE

Business

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A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $12,000 and paid $770 for the freight-in. The company sold the whole lot to a supermarket chain for $13,000 on account

The company uses the specific-identification method of inventory costing. Which of the following entries correctly records the cost of goods sold? A) Cost of Goods Sold 12,770 Merchandise Inventory 12,770 B) Merchandise Inventory 12,770 Cost of Goods Sold 12,770 C) Cost of Goods Sold 12,000 Sales Revenue 12,000 D) Cost of Goods Sold 12,000 Merchandise Inventory 12,000

Business

What does uniform delivered pricing enable a firm to do?

a. maintain a nationally advertised price b. charge each customer the actual cost of shipping its products c. charge each customer its fair share of the cost of shipping d. discriminate in favour of buyers that are geographically closer to the seller

Business