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NEW QUESTION: 1
Which of the following statements related to the LIFO method of inventory valuation is false?
A. 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.
B. Despite the many benefits of LIFO, it is used by fewer U.S. companies than both FIFO and weighted average.
C. Under LIFO, companies can manage earnings at the end of an accounting period by purchasing additional inventory.
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. product lifecycle management
B. technical services and incident management
C. security and product alerts
D. customer service management
E. sales support management
F. customer opportunity development
G. service coverage management
Answer: A,B,C,G
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 multiplicity is changed to a link with corners.
B. The connection remains Directed.
C. The connection is changed to Single.
D. The connection is changed to Multiple.
Answer: D
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