Cash-flow analysis examines the direction, size, and pattern of cash flow that is associated with the proposed information system

Indicate whether the statement is true or false

TRUE

Business

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Recording inventory at net realizable value is permitted, even if it is above cost, when there are no significant costs of disposal involved and

a. the ending inventory is determined by a physical inventory count. b. a normal profit is not anticipated. c. there is a controlled market with a quoted price applicable to all quantities. d. the internal revenue service is assured that the practice is not used only to distort reported net income.

Business

Combine these two simple sentences into a complex sentence

A) Although many industrialized nations use the metric system, the United States refuses to adopt it. B) Many industrialized nations use the metric system, but the United States refuses to adopt it. C) Many industrialized nations use the metric system; however, the United States refuses to adopt it.

Business