Order-processing costs must be compared with inventory-carrying costs because the larger the average stock carried, the higher the inventory-carrying costs

Merchandise inventory is

A. reported under the classification of Property, Plant, and Equipment on the balance sheet B. often reported as a miscellaneous expense on the income statement C. reported as a current asset on the balance sheet D. generally valued at the price for which the goods can be sold

Which statement about performance appraisal research is true?

A) Paired comparisons are clearly superior to other rating format types. B) Employee comparison methods are clearly superior to other rating format types. C) Companies most often use checklists as their preferred rating format. D) Companies most often use a hybrid of a graphic rating scale and a BARS