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)
Unauthorised leaks, hacking and other cybercrimes have _________ data bases vulnerable.Â
(A) fulfilled     Â
(B) left
A couple who live only a quarter of a mile from the blast site woke up believing the area __________ hit by an earthquake.
In each of the question given below, a statement has been given with a blank. Some words or phrases have been given in the options following the statem...
In the question below, a sentence is given with two blanks to be filled in with appropriate words. Four alternatives are suggested for each question. Ch...
The Federal Reserves’s statement came _____ the two day policy meet where the central bank ________ key policy rates unchanged but _________ to begin...
The ___________ effect of covid was seen in him when he was breathing heavily even a month after testing negative.
Select the most appropriate option to fill in the blank.
My sister unlike my brothers __________ to have a career in Engineering.
The film is about the age-old ………. of right and ……... .
While snow-filled getaways ______ a popular theme this season, here’s another terrain to________ , deserts. You don’t have to worry _________ being...
- Fill in the blanks-
To _____________innovation and environmental responsibility, ___________is needed across the AI value chain.
...