At the End of the 2016 Accounting Period DeYoung Company

question 10

Multiple Choice

At the end of the 2016 accounting period DeYoung Company determined that the market value of its inventory was $79,800.The historical cost of this inventory was $81,400.DeFazio uses the perpetual inventory method.The entry necessary to reduce the inventory to the lower of cost or market will

• A)decrease assets and decrease gross margin.
• B)decrease assets and decrease net income.
• C)increase assets and increase net income.
• D)decrease assets,gross margin,and net income.

Recognize the complexities in diagnosing personality disorders including the influence of gender bias.

Identify the challenges and approaches to the treatment of personality disorders.

Discern the conceptual differences and overlaps among various disorders.

Understand the role of biological and psychological factors in personality disorders.

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Definitions:

Conservative Strategy

A risk management strategy that opts for investments or decisions that are expected to yield lower variability and risk.

Opportunity Loss Strategy

An approach in decision making that focuses on minimizing the potential loss for not choosing the best alternative.

Scoring Model

A statistical tool or algorithm that assesses and assigns scores to individuals or entities based on various attributes or behavior patterns to predict future outcomes.

Attributes

Characteristics or qualities that define or differentiate objects, individuals, or data points.