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1.-Costs included in the Merchandise Inventory account can include:A)-Invoice price minus any discount.B)-Freight-in.C)-Storage.D)-Insurance.E)-All of the above.2.-The inventory turnover ratio is calculated as:A)-Cost of goods sold divided […]

1. According to your reading the charge of forgery includes each of the following elements excepta. the false making or alteringb. of a legally significant instrumentc. […]

1. Investment funds provide investors all of the following except:a. diversification.b. contractual rate of return.c. professional advice.d. small minimum investment.2. Investment fundsa. are adaptive organizations which […]

1. Neura Pharma Inc. has purchased a drug patent with a remaining useful life of 13 years. How should this new asset be classified? A current […]

1.Which of the following affects the level of insurance premiums?a. probability of lossb. value of lossc. expected operating expensesd. all of the above2. Which of the […]

1. The difference between a budget and a standard is thatA) a budget expresses what costs were while a standard expresses what costs should be.B) a […]

1. Most companies that use standards set them atA) the normal level.B) a conceivable level.C) the ideal level.D) last year s level.2) Which of the following […]

1. One of the principal reasons for the failure of McCarthyism was(A) the return of the Socialist Party as a prominent political force(B) the inability of […]

1-Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity. If the YTM of this bond is 10.4% then the price […]