Determine Whether the Following Is Always True or Not Always

question 202

Short Answer

Determine whether the following is always true or not always true. Given reasons for your answers.
-u × (v + w) = u × v + u × w

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Definitions:

LIFO Method

"Last In, First Out," an inventory accounting method where the most recently acquired items are assumed to be sold first.

Journal Entries

The individual records of financial transactions in a company's accounting system.

Cost of Goods Sold

An accounting term for the direct expenses related to producing the goods sold by a company, including materials and labor.