The sum of squares divided by the appropriate degrees of freedom is called the ________

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

The holding-company device to control two or more commercial banks:

a. has diminished in importance in recent years b. has increased in importance in recent years c. is limited to state chartered banks d. is sometimes described as chain banking