When driving a company car your personal auto policy may not cover you

When an agent fails to perform his or her duties, for what may the agent be liable?

a. breach of contract b. misappropriation c. invasion of privacy d. administrative injunction e. tort liability

The inventory valuation method that has the advantage of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual flow of goods for most businesses is

A. FIFO B. weighted average C. LIFO D. lower of cost or market