A(n) ________ is the set of actual and potential buyers of a product or service

When inventory costs are declining, which of the following inventory costing method will result in the lowest ending merchandise inventory?

A) first-in, first-out B) last-in, first-out C) weighted-average D) specific identification

When focusing on recommendations in an analytical report, what should be done as soon as the need for action has been introduced by describing the problem or opportunity?

A) Summarize your recommendations. B) List the recommendations required to achieve the desired benefits. C) Explain each step fully. D) Introduce benefits that can be achieved if the recommendations are adopted. E) Introduce a cost analysis of the desired benefits.