题目内容

On 1 September there were 600 units of inventory in warehouse A, valued at $3.50 each.During September the following receipts and issues occurred.What is the total value of the units issued on 27 September using the LIFO method of valuation?

A. $1,875
B. $1,895
C. $1,880
D. $1,900

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Managers use financial information to help them plan, control and make decisions. The following pieces of information would be used by managers for which of those purposes?Reviewing actual spend against budgeted figures

A. Planning
B. Control
C. Decision-making

Determining where spending cuts can be made

A. Planning
B. Control
C. Decision-making

Setting the price at which a new product will be sold

A. Planning
B. Control
C. Decision-making

Identifying an opportunity to produce a new product

A. Planning
B. Control
C. Decision-making

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