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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A questionnaire is a major source of response error

Indicate whether the statement is true or false

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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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