Which of the following does NOT describe work? a. Communication ...

[rl]

Which of the following does NOT describe work?
 a. Communication and soliciting input.
 b. Providing a service.
 c. The transformation of raw materials into tangible products.
 d. Creating and implementing an idea.

Question 2

Which of the following is true regarding the valuation of inventory?
 a. There are five possible ways to value inventory.
 b. Replacement value places a higher value on inventory than other methods.
 c. The method of valuing inventory may be changed for different purposes.
 d. From the perspective of tax liability it is desirable to have higher profits.

[momolu]

Answer to Question 1

a

Answer to Question 2

b

[rl]

Both answers were spot on, thank you once again

[momolu]

Great! Please up vote