The rolling budget is constantly updated to reflect the latest information and makes managers responsive to changing conditions and market needs

The inventory valuation method that has the advantage of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual flow of goods for most businesses is

A. FIFO B. weighted average C. LIFO D. lower of cost or market

Which of the following will most likely prevent an ethical lapse while researching?

A) Using only data that supports your purpose B) Being vague about what you want to do with the end results C) Only using data that can be found online D) Quoting all sources E) Respecting the intellectual property rights of the data