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Last year, the state increased the speed limit on one section of highway from 55 to 65 mph. To evaluate the effect of the change, a researcher gathered accident reports for six months before the change and for six months after the change. This is an example of a(n) ____.
Internal Controls
Procedures and policies implemented by a company to safeguard assets, enhance operation efficiency, and ensure financial reporting accuracy.
FIFO
Stands for "First In, First Out," a method used in inventory and financial accounting to manage and value inventory by selling or using assets in the order they were acquired.
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