Federal pricing legislation applies to _____

a. intrastate commerce
b. interstate commerce
c. all commerce
d. interstate commerce for price discrimination only

b

Business

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Which of the following inventory costing methods results in the lowest value of ending inventory during a period of rising inventory costs?

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

Business

Earnings from a limited partnership would be an example of ____________ income.

A) passive B) investment C) portfolio D) earned E) excluded

Business