If the actual cost of an inventory item is maintained as an attribute in the Inventory table, which inventory valuation method would an organization have to use?

A) LIFO.
B) FIFO.
C) Weighted Average.
D) Specific Identification.

Answer: C

Business

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An earnest money check is held by the buyer's broker until closing.

a. true b. false

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A dress factory is being built in an area. It will employ mostly women. The owner of a real estate office told his employees to do the following: [1] direct their advertising to appeal to women who are married and have no children; [2] charge more rent to certain ethnic and religious groups than to others. Which of these instructions is in violation of the Fair Housing Laws:

A: [1] only; B: [2] only; C: Both [1] and [2]; D: Neither [1] nor [2].

Business