Which of the Following Businesses Is Most Likely to Benefit

question 88

Multiple Choice

Which of the following businesses is most likely to benefit from an election to account for its inventory under LIFO?

• A)a company producing the newest version of a tablet with ultra-long battery life.It believes it has a one-year lead over the competition.
• B)a company producing products with copper as a key component.Copper prices fluctuate widely.
• C)a company producing parts for the auto industry.Costs in this field tend to steadily climb.
• D)None of the above.

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Definitions:

Personalities

The unique and consistent patterns of thinking, feeling, and behaving that characterize an individual.

Social-interaction Skills

The abilities necessary for effective communication, relationship building, and interaction with others in social settings.

Gene-environment Interactions

The complex interplay between genetic predispositions and environmental factors that influences individual differences in behavior, health, and development.

Genetically Influenced Traits

Characteristics or features that are affected by genetic information passed from parents to their offspring.