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)
Azospirillum lipoferum is reported to be associated with the roots of
South West monsoon contribute about ____of total annual rainfall in India.
Which among the following is an egg laying mammal?
Which of the following statements is/are true about nitrogen (N) in soil fertility?
Statement A: Nitrogen is an essential nutrient required for p...
Which one of the following five year plans has the highest growth rate in Agriculture sector in India?
Which of the following soil order is mainly found in grassland ecosystems characterized by a thick, dark surface horizon?
The condition where the plant is unable to produce a zygote with its own pollen is called as?
Chairperson of the Food Authority should be well versed in the field of:
Oceanic Nino Index corresponding to El Nino period is
From the following statements, select the appropriate answer regarding the pre-tarsus in the insect leg?