Which of the following inventory costing methods reports most closely the current cost of inventory on the balance sheet?

According to the principles of position advertising copytesting (PACT), multiple exposures to an advertisement are essential to obtain accurate results

Indicate whether the statement is true or false

Although most international trade and investment are still conducted by large firms, many medium-size and small businesses are becoming increasingly involved in international trade and investment

Indicate whether the statement is true or false.