Which of the Following Is an Argument Most in Favour

question 55

Multiple Choice

Which of the following is an argument most in favour of the literal approach to statutory interpretation of a legal text?

• A)It is unreasonable to assume that every text has been carefully drafted.It is possible that a reader will encounter inconsistency or ambiguity in a text.
• B)The law is made by Parliament and it is our duty to obey that law in accordance with the ordinary and natural meaning of the language used to express the law.
• C)The ordinary and natural meaning of the words used in the text will not always reveal the meaning of the text.
• D)The provisions of the Commonwealth Acts Interpretation Act may be criticised as an inappropriate attempt by the legislature to intrude on the judiciary's role in the interpretation of legislation.

Understand the implications of the lower of cost or net realizable value rule on financial statements.

Identify the flow of goods from production to finished goods inventory.

Recognize the effects of inventory methods on income taxes.

Understand the components of the year-end inventory balance.

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HOME Tab

A primary tab in software applications that typically contains the most commonly used functions and tools.

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A feature that allows users to quickly switch on or off filtering options in data processing applications.

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An interface mode in software that allows users to create or modify the structure of a database, form, or report visually.

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A key on the keyboard used to remove selected items, characters, or data.