Chamberlain Company buys designer clothing to sell in its retail stores. Since much of the merchandise comes from Dallas and Europe, Chamberlain Company must pay freight charges to get the merchandise shipped in. Which statement is true?
a. Transportation-in is added to net purchases to determine cost of goods purchased in a periodic system.
b. Transportation-in, paid by Chamberlain Company, is subtracted from purchases under the periodic system.
c. Freight charges are only paid by a buyer in a periodic system.
d. Transportation-in, paid by Chamberlain Company, is added to the inventory account under the periodic system.
a
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Joe, a risk-averse investor, is trying to choose between investment A and investment B. If
investment A is riskier than investment B and Joe selects investment A anyway, then A) the expected return for investment A will be higher than the expected return for investment B. B) the actual return for investment A will be higher than the actual return for investment B. C) the expected return for investment A will be higher than the actual return for investment B. D) the actual return for investment A will be higher than the expected return for investment B.
The security of any MAC function based on an embedded hash function depends in some way on the _________ strength of the underlying hash function
What will be an ideal response?