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question 82

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MATCHING
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Identifying the creators and the concept behind the M2 measure.
Understanding the applications and differences between Modigliani’s M2 measure and the Treynor T2 measure.
Understand the concepts and differences between strategic and responsive corporate social responsibility.
Grasp the definition and process of becoming a B Corporation.

Definitions:

LIFO Reserve Disclosure

LIFO reserve disclosure is the reporting of the difference between the inventory cost under LIFO (Last In, First Out) and FIFO (First In, First Out) accounting methods.

Inventory Costs

Expenses associated with acquiring, storing, and managing inventory, including purchase prices, storage fees, and costs related to inventory spoilage or obsolescence.

FIFO Inventory

First-In, First-Out Inventory is an asset management and valuation method that assumes goods produced or acquired first are sold, used, or disposed of first.

LIFO Reserve

The difference between the cost of inventory calculated under the Last In, First Out (LIFO) method and its cost under the First In, First Out (FIFO) method.

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