What are the advantages of using of dollar-value LIFO
What will be an ideal response?
Answer: The advantages are to the use of dollar-value LIFO are:
1. Firms account for dollars not units. An extremely diverse inventory can be made homogeneous by restating the physical units into dollars.
2. It avoids problems when there are changes in the product mix.
3. It can minimize the likelihood of liquidation because the removal of one stock number is not going to liquidate an entire cost pool.
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The words you choose and how you use those words helps to create what aspect of a communication?
A) Active voice B) Style C) Intimacy D) Tone E) Sincerity
Regarding the interests-rights-power model of disputing, a negotiator who uses an
interests-based approach is characterized by: A) an interest in the counterparty's underlying needs, desires, and concerns B) attempts to understand the past events C) the use of status, rank, threats, and intimidation D) an interest in the unequal distribution of resources, as this focus often produces a clear winner and a loser