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)
More roles for women will be opened up in the ranks of soldiers by the Indian army.
Select the correct active \passive form of the given sentence.
Your naughy dog broke my room window this evening.
He built the house in 1980.
The cake was eaten by the children.
The sentence has been given in Active/Passive Voice. Change the voice to Passive/Active.
A book is being read by Vinay
Select the correct passive/active form of the given sentence.
This is the owner who is running the boys’school in prayagraj.
Select the correct active \passive form of the given sentence.
Everyone thinks that the educational system is bad in India.
Choose the option that is the active form of the sentence
The politician’s speech was loudly cheered.
Select the correct active form of the given sentence.
An online order has been placed by me today.
Choose the best way to complete these passive voice sentenceÂ
A story ______