Question
In a period of rising prices and stable inventory
quantities, which of the following best describes the effect on gross profit of using LIFO as compared to FIFO?Solution
Compared to FIFO, Cost of goods sold under LIFO will be higher because the most recent higher costs units are assumed to be the first units sold. Higher COGS under LIFO will result in lower gross profit (revenue – cost of goods sold)
Which one of the following plant nutrients is translocation regulator?
Dendrobium orchid belongs to the familyÂ
Among these fruit crops, the richest source of Fe is
This is the outermost layer of the atmosphere. In this layer, atoms and molecules escape into space and satellites orbit the earth. The layer is
Which one of the following is an animal-origin insecticide?
In which group are sucking mouthparts not found?
Lalit and Shweta are the varieties of:
In nutrient uptake studies, which element is primarily associated with the regulation of stomatal movement and enzyme activation?
Which among the following is the oil body formed in the Endoplasmic Reticulum?
The bond order and magnetic behavior of Oˉ ₂ ion are, respectively:
