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Woody Plc Sold Inventory Items to Its Subsidiary Buzz Lightyear

question 34

Multiple Choice

Woody Plc sold inventory items to its subsidiary Buzz Lightyear Plc and had the following intercompany transactions:
Cost of inventory €300 000 sold for €375 000 for the year ended 30 June 2012.One third of the inventory items were sold by Buzz Lightyear Plc to external parties before the financial year end 30 June 2012.
Cost of inventory €100 000 sold for €75 000 for the year ended 30 June 2013.Half of the inventory items were sold by Buzz Lightyear Plc to external parties before the financial year end 30 June 2013.
Ignoring taxes,which of the following statements is correct with respect to this transaction only for the year ended 30 June 2013

Analyze the influences of police training, officer characteristics, and policy on the use of force.
Comprehend the legal and societal standards for police use of force at both national and international levels.
Identify the psychological and organizational factors contributing to police use of force.
Recognize the importance of police-community interactions and communication in shaping outcomes in law enforcement.

Definitions:

Market Baskets

A collection of goods and services used as a standard way of tracking the cost of living or inflation over time.

Preferences

In economics, this refers to the ordering of alternatives based on their utility, showing the subjective tastes and choices of individuals.

Complete

Fully accomplished or having all necessary parts or steps.

Transitivity

Transitivity in decision making refers to the consistency among choices, where if option A is preferred over B and B over C, then A should be preferred over C.

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