A Company Had the Following Purchases and Sales During Its

question 48

Multiple Choice

A company had the following purchases and sales during its first year of operations: $\begin{array}{|l|l|l|} \hline& \text { Purchases } & \text { Sales } \\\hline \text { January: } & 10 \text { units at } \$ 120 & 6 \text { units } \\\hline \text { February: } & 20 \text { units at } \$ 125 & 5 \text { units } \\\hline \text { May: } & 15 \text { units at } \$ 130 & 9 \text { units } \\\hline \text { September: } & 12 \text { units at } \$ 135 & 8 \text { units } \\\hline \text { November: } & 10 \text { units at } \$ 140 & 13 \text { units } \\\hline\end{array}$ On December 31, there were 26 units remaining in ending inventory. Using the Periodic LIFO inventory valuation method, what is the value of cost of goods sold? (Assume all sales were made on the last day of the month.)

• A)$5,470.
• B)$3,200.
• C)$5,130.
• D)$5,400.
• E)$8,670.

Understand the principles of data backup and recovery.

Understand the basic concepts of cyber security including the terms and definitions related to cyber threats.

Identify different types of malicious software and their characteristics.

Recognize the importance and function of firewalls in network security.

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Definitions:

Cultural Influence

The impact that the shared beliefs, values, customs, and behaviors of a group or society have on the thoughts and actions of individuals within that group.

Health Practices

Activities or behaviors undertaken by individuals or communities to enhance or maintain health.

Annual Mammograms

Yearly breast X-rays recommended for women, typically starting at age 40, to detect breast cancer early.

Internal Variable

Factors from within an individual or system that influence outcomes or responses.