Author Question: Entity resources that are always considered in efficiency assessments for an AIS are: a. cash and ... (Read 136 times)

londonang · **on:** Jul 5, 2018

Entity resources that are always considered in efficiency assessments for an AIS are:
a. cash and equipment
b. inventory and cash
c. people and computers
d. fixed assets and inventory

Question 2

In a period of rising inventory costs, the LIFO method would result in the highest cash flow from operations.

Indicate whether the statement is true or false