Technical analysts, traditionally referred to as chartists, focus on fundamental data to determine past trends that are expected to continue into the future

Indicate whether the statement is true or false.

Answer: FALSE

Business

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The systems development life cycle (SDLC) gained popularity when the U.S. Department of Commerce stipulated that it would be used for all software development contracts

Indicate whether the statement is true or false

Business

The ABC Enterprise Company uses the perpetual inventory system. The company has the following data available for the month of April:

Date Transaction Units Unit Cost April 1 Beginning inventory 200 $1.00 April 9 Purchase 300 $1.10 April 10 Sale 400 April 15 Purchase 400 $1.16 April 18 Sale 300 April 24 Purchase 100 $1.26 What is the cost of ending inventory on April 30 using moving average? A) $354 B) $336 C) $342 D) $310

Business