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NEW QUESTION: 1
When comparing FIFO with LIFO, which of these arguments is incorrect? (Assume rising prices.)
A. FIFO more closely follows the actual physical flow of many inventory items
B. The dollar amount reported as ending inventory under FIFO more closely approximates the current cost of inventory
C. The dollar amount reported as cost of goods sold under FIFO more closely approximates current cost of goods sold
Answer: C
Explanation:
A is correct because the FIFO method more closely follows the actual physical flow of most inventory items. B is incorrect because LIFO, not FIFO, reports the more recent, higher-priced goods as cost of goods sold. C is correct because ending inventory under FIFO is comprised of the newer, higher-priced goods, which is a closer approximation of current costs.
NEW QUESTION: 2
Which of the following would be the MOST important factor to consider when building a virtualization workstation?
A. A compact form factor
B. Dual monitor support
C. High-end graphics card with onboard memory
D. Maximum RAM and CPU cores
Answer: D
NEW QUESTION: 3
Refer to the exhibit.
A. Option C
B. Option B
C. Option D
D. Option A
Answer: C
NEW QUESTION: 4
In the CALL CUSTOMER-FUNCTION 'nnn' statement, nnn is a three-digit number used in SAP programs for which of the following types of enhancement?
Please choose the correct answer.
Response:
A. New BAdIs
B. User exits
C. Business add-ins
D. Customer exits
Answer: D