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Section I - Multiple Choice (1 Viewer)

obliviousninja

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I had fifo for Q18, *crosses fingers* *will cry if i dont raw 100*. pretty much it had to be fifo or lifo, and i know lifo is illegal
 

RivalryofTroll

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Should be FIFO since it overstates profits according to textbook.
20 shouldn't be D iirc - D resembles administrative. I thought 20 was C.

Btw guys does sale and lease back IMMEDIATELY improve working capital, thought it takes awhile? I didn't choose it and have regrets ATM lol.

Also is 10 B or D?
 

Spiritual Being

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Should be FIFO since it overstates profits according to textbook.
20 shouldn't be D iirc - D resembles administrative. I thought 20 was C.

Btw guys does sale and lease back IMMEDIATELY improve working capital, thought it takes awhile? I didn't choose it and have regrets ATM lol.

Also is 10 B or D?
I was mulling over this too.

I put sale and lease back.
 

Drifting95

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Should be FIFO since it overstates profits according to textbook.
20 shouldn't be D iirc - D resembles administrative. I thought 20 was C.

Btw guys does sale and lease back IMMEDIATELY improve working capital, thought it takes awhile? I didn't choose it and have regrets ATM lol.

Also is 10 B or D?
What did it ask again? I forgot


Should be sale and lease back, the rest weren't really relevant to working capital.
 

RivalryofTroll

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From my notes which is copy paste of textbook.
Administrative - the focus is on collecting data to manage the HR function more efficiently.
20 isn't D
 

Mutant Kitty

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There will probably be a bit of controversy over the sugging question due to the question not specifying where the business was, unless we are meant to assume it was Australian.
 

Drifting95

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From my notes which is copy paste of textbook.
Administrative - the focus is on collecting data to manage the HR function more efficiently.
20 isn't D
o i remember it now.

I picked the one that mentioned an individual employee and leadership , because developmental is focused on improving the skills of individual employees.
 

obliviousninja

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There will probably be a bit of controversy over the sugging question due to the question not specifying where the business was, unless we are meant to assume it was Australian.
pls go hold a protest outside BOS.
 

WildKoala

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Anyone have a rough idea of what the correct answers are?? :O
 

Confound

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Am I the only one that chose LIFO over FIFO? lol
 

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