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NEW QUESTION: 1
Which of the following statements related to the LIFO method of inventory valuation is false?
A. Under LIFO, companies can manage earnings at the end of an accounting period by purchasing additional inventory.
B. Despite the many benefits of LIFO, it is used by fewer U.S. companies than both FIFO and weighted average.
C. The LIFO conformity rule is a tax ruling prohibiting the use of LIFO for tax purposes unless it is also used for external financial reporting purposes.
Answer: B
Explanation:
LIFO is more commonly used than weighted average for inventory valuation purposes.
NEW QUESTION: 2
In which four areas does Cisco Smart Net Total Care provide support? (Choose four )
A. technical services and incident management
B. security and product alerts
C. service coverage management
D. product lifecycle management
E. customer service management
F. sales support management
G. customer opportunity development
Answer: A,B,C,D
Explanation:
https://www.cisco.com/c/en/us/products/collateral/cloud-systems-management/smart-net-total- care/datasheet-c78-735459.pdf
NEW QUESTION: 3
When adding a link to a directed connection and the new link has the same direction as any existing link, what happens to the connection multiplicity?
A. The connection remains Directed.
B. The connection is changed to Single.
C. The connection multiplicity is changed to a link with corners.
D. The connection is changed to Multiple.
Answer: D
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