Online users posting on a class discussion board should ______.
a. skip proofreading posts since it is an informal setting
b. start a new thread for new topics
c. keep all topics under one or two threads
d. make their posts as long as possible
Ans: b. start a new thread for new topics
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Which of the following is used to calculate the number of units to account for under the first-in, first-out (FIFO) method of inventory valuation of process costing?
A) To account for = Beginning balance + Started and completed + In process B) To account for = Beginning balance + Amount transferred in C) To account for = Beginning balance + In process D) To account for = Beginning balance + Started and completed
Under federal securities laws, the SEC has the authority to set accounting standards in the U.S.
a. true b. false