Which of the following is not an acceptable approach in applying the lower-of-cost-or-market method to inventory?

a. Inventory location.
b. Categories of inventory items.
c. Individual item.
d. Total of the inventory.

Answer: a. Inventory location.

Business

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Which of the following bank reconciliation items should not be added to or subtracted from the bank statement balance to determine the reconciled cash balance?

Select one: A. Outstanding checks B. Deposits in the mail but not yet received by the bank C. Bank service charges D. None of the above

Business

After paired comparison scaling, the most popular comparative scaling technique is ________

A) perceptual scaling B) constant sum scaling C) rank order scaling D) semantic differential scaling E) semantic meaning scaling

Business