Question
Which inventory costing formula calculates value of
closing inventory considering that inventory most recently purchased has not been sold?Solution
FIFO (First In First Out) assumes that older inventory is sold first. Thus, the closing inventory consists of the most recently purchased goods, which have not been sold. LIFO does the opposite, and weighted average blends cost.
Which of the following is not an example of a popular web-based search engine?Â
BCR stands for
_________ is billionth of a second.
DMA stands for
A font in which the two-dimensional blank spaces between each pair of characters all have a visually similar area is called ___________.
Which of the following is considered as latest browser?
The role of a modem isÂ
Which is called brain of computer?
The quality of an MP3 file depends largely on the .......................................... .Â
Pokemon Go uses which of the following ?