Question: Which Inventory method generally best follows the matehing princlplo? a . Average - cost b . MFO c . Whichever mothed its used for tax
Which Inventory method generally best follows the matehing princlplo?
a Averagecost
b MFO
c Whichever mothed its used for tax purposes
d FIFO
In a period of riding prices, whileh Inwentory method is best to use for tax purposes?
FIFO
b Averagecost
c Specific Identification
d LIFO
A good oystem of Internal control to dealgned to achlowe all of the following except
Efflelency of operations
a Rollability of finanetal reporting
c Compllaneo with relevant laws and regulatlons
Attalnment of target cales
All of the following aro examples of Internal control activitios oxcept
Adequato supervialon
b Rotation of key personnal
c Customer satisfaction surveys
Inslatonee that cimployees take carmed vaeatlons
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