Business
Business, 27.03.2020 04:08, barisegebalci2352

Arguments for the specific identification method are as follows:(1)It provides an accurate and ideal matching of costs and revenues because the cost is specifi-cally identified with the sales price.(2)The method is realistic and objective since it adheres to the actual physical flow of goods rather than an artificial flow of costs.(3)Inventory is valued at actual cost instead of an assumed cost. Arguments against the specific identification method include the following:(1)The cost of using it restricts its use to goods of high unit value.(2)The method is impractical for manufacturing processes or cases in which units are com-mingled and identity lost.(3)It allows an artificial determination of income by permitting arbitrary selection of the items to be sold from a homogeneous group.(4)It may not be a meaningful method of assigning costs in periods of changing price levels

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 13:40, nina1390
Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.
Answers: 1
image
Business, 23.06.2019 01:00, alyo31500
Ido not understand this project overview agricultural commodities are bought and sold through the stock exchange. the price of commodities changes all the time. investors buy many agricultural commodities before they are ready for shipping. when an investor buys an agricultural commodity that is going to be ready in the future, they call this purchasing futures. this might be a future crop, meat that has not yet been processed, or another type of agricultural commodity. for this project, you will have to decide how to spend $10,000. research the new york stock exchange. find one or more agricultural commodities that you are interested in. remember, it may be listed as a future crop. instructions identify the agricultural commodities that you think have the best chance of going up in price. think about what is going on with supply and demand. decide how you will spend your money. you may purchase only agricultural commodities. check the market every day for a week. record the price of your commodity or commodities each day. you may buy or sell your commodities at any time during the week. you may sell your commodities and buy different ones. feel free to experiment with the $10,000 by buying and selling commodities, but make sure to keep a careful record of your activities. at the end of the week, you will write a report on your investments. this report should be structured to include this information: page 1: explain how the stock market works. page 2: list all commodities purchased. describe each in detail. discuss why you selected these commodities. remember, they must be agricultural. page 3: create a chart or graph to illustrate the price of your commodity or commodities over the week’s time. list all of your activity buying and selling. make sure you include prices and details. page 4: write a summary of your experience. describe what you might do differently if you were using actual money. propose potential reasons why the price of each commodity may go up or down.
Answers: 1
image
Business, 23.06.2019 04:40, esmeraldavelez63
Why is job security of such importance to workers?
Answers: 1
image
Business, 23.06.2019 15:00, rodneisha1313
Organizations focus on facilities and systems during the stage in a work-unit activity analysis.
Answers: 1
Do you know the correct answer?
Arguments for the specific identification method are as follows:(1)It provides an accurate and ideal...

Questions in other subjects: