Which of the following is a collectivist country?

A) United States
B) United Kingdom
C) Mexico
D) Australia
E) Canada

C

Business

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Which of the following is true regarding the use of LIFO for inventory valuation?

a. If LIFO is used for external financial reporting, then it must also be used for internal reports. b. For purposes of external financial reporting, LIFO may not be used with the lower of cost or market approach. c. If LIFO is used for external financial reporting, then it cannot be used for tax purposes. d. None of these.

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Verda is designing an upscale boutique. Which of the following is she likely not to consider?

a. The atmospherics of the place b. Using a freeform layout c. Eliminating excessive and unnecessary employee movement d. Using a process layout

Business