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The management of Otto Corp. is considering the effects of various inventory costing methods on its financial statements and its income tax expense. Assuming that the price the company pays for inventory is increasing, which method will:
1. result in the lowest income tax expense?
2. provide the highest net income?
3. provide the highest ending inventory?
4. result in the most stable earnings over a number of years?
Third Sex
A term used to categorize individuals who do not fit traditional male or female gender roles, often seen in cultures recognizing more than two genders.
Hijras
A traditional term in South Asia for a transgender person who may take on the roles in various social and ceremonial aspects, often outside the conventional gender binary.
Berdaches
A historical term used to describe Indigenous North Americans who fulfilled traditional roles across gender lines; more contemporary terms include "Two-Spirit" or "third gender."
Congenital Adrenal Hyperplasia
A genetic disorder affecting the adrenal glands, characterized by the overproduction of androgens, potentially affecting genital development and causing hormonal imbalances.
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