In a period of rising prices and stable inventory quantities, which of the following best describes the effect on gross profit of using LIFO as compared to FIFO?
Compared to FIFO, Cost of goods sold under LIFO will be higher because the most recent higher costs units are assumed to be the first units sold. Higher COGS under LIFO will result in lower gross profit (revenue – cost of goods sold)
Name the principle of management suggested by Henri Fayol, which advocates that, “there should be good superiors at all levels, clear and fair agreem...
Which ethical theory focuses on the consequences of actions to determine their morality?
Retailer is a sub-element of
Supervision and delegation is a part of which phase of management process?
The term Angel investors refers to ________________.
Which of the following does not belongs to traditional control techniques?
Which of the following represents importance of consumer protection from business point of view?
As per section 13 of the RTI Act, 2005, where the Information Commissioner is appointed as the Chief Information Commissioner, his term of office shall...
Which of the following is not a characteristic of a non-durable good?
Which of the following is not the quality of a good leader?