Benchmark measures are often used to study whether or not a promotional campaign has been successful

Which of the following is not permitted under IFRS?

a) reporting of any type of inventory at net realizable value b) lower-of-cost-or-market valuation c) reversals of lower-of-cost-or-market write-downs d) the use of the LIFO cost flow assumption

Personal economic freedom is most limited in a(n) ____ economic system.

Fill in the blank(s) with the appropriate word(s).