Deliverables should not be required to be verifiable

Indicate whether the statement is true or false

FALSE

Business

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Under the last-in, first-out (LIFO) method, the cost of goods sold is based on the oldest purchases

Indicate whether the statement is true or false

Business

Which of the following companies are subject to the Sarbanes / Oxley Act with regards to “whistleblowing?”

A. Companies that are engaged in interstate commerce. B. Companies that do business with the federal government. C. Companies whose stock is publicly traded and report to the SEC D. Companies who have more than 100 employees E. Companies who have contracts with a state government.

Business