luigiguitar4660 luigiguitar4660
  • 25-03-2022
  • Business
contestada

True or false: The inventory method selected by management does not have to correspond to the physical flow of goods to be in accordance with GAAP.

Respuesta :

BadassTommy
BadassTommy BadassTommy
  • 25-03-2022

Answer:

True or false: The inventory method selected by management does not have to correspond to the physical flow of goods to be in accordance with GAAP. True (The inventory method is an assumed cost flow and does not have to correspond with the actual physical flow of goods.

Answer Link

Otras preguntas

Entry to and exit from a ________ market are ________.
This timeline shows the settlement of North America. Which choice accurately fills in the timeline in order? Quebec was founded, Jamestown was founded, and the
When is a parallelogram is a rhombus ?
How many moles are contained in 12.4 g ch4?
Match each problem (term) with its sum or difference (definition)
What did the Lahore Resolution include? A. dominion status to India B. the establishment of an Indian Federation C. the creation of the Muslim state of Paki
What year did the first protestant leave the catholic church?
An object in static equilibrium has a coefficient of static friction as 0.110. If the normal force acting on the object is 95.0 newtons, what is the mass of the
If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there is
Which best describes nuclear fission?