Which of the Following Is the BEST Suggestion for Preparing

question 72

Multiple Choice

Which of the following is the BEST suggestion for preparing accurate documentation in a report?

• A)Choose an authoritative reference manual, be consistent, and include more than enough rather than too little information for citations and references.
• B)Use more then one authoritative reference manual, be consistent, and include citations only for sources you quote.
• C)Use the MLA style guide for all reports, be consistent, and include only the author, article title, and publisher information.
• D)Use the Publication Manual of the American Psychological Association for all documentation and the MLA Handbook, only if needed, as a backup for format.

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Definitions:

Inventory Cost Flow

The process of accounting for the costs associated with the goods throughout the stages of inventory, from raw materials to sold products.

Financial Statements

Documents that report on a company’s financial performance, position, and cash flows, giving insight into its financial health.

Assumptions

Predetermined notions or beliefs influencing the understanding or analysis of data or events.

LIFO

"Last In, First Out," an inventory valuation method where the last items put into inventory are the first ones sold.