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With falling prices, LIFO COGS (Cost of Goods Sold) will include the cost of lower-priced inventory and COGS will be less as compared to FIFO COGS. Because of this, the firm reports a higher gross profit margin (Gross Profit/sales) under LIFO than under FIFO, while LIFO inventory will be higher and inventory turnover lower.
Identify the segment in the sentence which contains the grammatical error from the given options.
Prasad recalled that meeting people have been...
Attorney-generals from 16 states condemned the ban yesterday and were discussing whether to challenge the administration in court.
Find the part of the given sentence that has an error in it. If there is no error, choose ‘No error’.
No doubt, human minds are good on...
The network problem must have (A)/screwed up a couple (B)/of sectors on the disk, (C)/but everything's okay now (D).
My younger sister (a) / is much smarter (b) / then me. (c) / No error (d)
In the sentence given below, four words have been printed in bold which are numbered (1), (2), (3) and (4). One of these words may be misspelt or inapp...
After the allegations , the CEO should step up from his position.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark ...
Find out the error according to the grammar and context of the given sentences. If there is no error, mark option 5, i.e. No error. (Ignore the punctu...
Did you knew that the radio is ranked number two in the list of ‘101’ Gadgets that changed the World’s according to History Channel?