________ attributes are characteristics, the quality of which can be assessed only after purchase or during consumption

Shipman, Inc. has 7 units in inventory on December 31. The units were purchased in November for $190 each. The price lists from suppliers indicate the current replacement cost of the item to be $186 each

What is the effect on gross profit if Shipman values its ending merchandise inventory using the lower-of-cost-or-market rule? A) The gross profit would increase by $4. B) The gross profit would not be affected. C) The gross profit would decrease by $28. D) The gross profit would increase by $28.

The Civil Rights Act of 1866 was repealed by the Civil Rights Act of 1964

Indicate whether the statement is true or false