Which of the following variations of the retail inventory method would generally result in the lowest cost-to-retail ratio in a period of declining prices?
A) FIFO
B) LIFO
C) average cost
D) lower of average cost or market
A
Business
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An attribute of an entity that must have a value for each entity instance is a(n):
A) optional attribute. B) composite attribute. C) required attribute. D) fuzzy attribute.
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