Which of the following is used to calculate the number of units accounted for under first-in, first-out (FIFO) method of inventory valuation of process costing?
A) Accounted for = Beginning balance + Started and completed + In process
B) Accounted for = Beginning balance + Started and completed
C) Accounted for = Beginning balance + In process
D) Accounted for = Beginning balance + Amount transferred in
A
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Visions should not be too large or to small and can exist at any organizational level as well as at the very top.
a. true b. false
Henry made an offer To purchase real property. However, he died of a heart attack before the listing broker could notify him of an unqualified, signed acceptance by the seller. Based on these facts, which of the following is true?
A. Notification to the administrator or executor would bind the estate. B. The death of Henry constituted a revulsion of the offer. C. The offer and acceptance constitute an enforceable contract. D. The sale would not be binding because the deed was not delivered before Henry's death.