Which entity establishes financial accounting standards and principles for the federal government?

a. FASB
b. GASB
c. FASAB
d. None of the above.

c

Business

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A beneficiary under a will cannot be a witness of that will

Indicate whether the statement is true or false

Business

Jimmy's Egg is a specialty restaurant featuring 47 different kinds of omelettes in three different sizes. They use 60 dozen eggs a day that they order from an egg factory with a lead time of five days

One fine day they stock their chiller and note that there are only 25 dozen eggs remaining. They have a backorder of 15 cases and an open order of 200 cases. What is their inventory position? Should they place an order?

Business