> C secure 1 https/ ps/ course assessment id 20 QUESTION 10 aise revenue, the Ob

Question

> C secure 1 https/ ps/ course assessment id 20 QUESTION 10 aise revenue, the Obama administration has proposed prohiblting the use of LIFO for tax expense True False QUESTION 11 Which of the folowing is LEAST helpful in trying to assess the Sinancial pertormance of Petsmart? OA Reading managements discussion and analysis in the 10-K OB. Comparing PetSmarts sales growth to the sales growth of its competitiors OC.Analyzing the information in the footnotes of the fnancial statements D Spending all weekend making your cat's Halloween costume QUESTION 12 Which of the Sollowing is atemporary account? OA Unearned evene o B Prepaid expenses D Interest exeme LaN N95 enov

Explanation / Answer

Ans 10: True

Reason: The statement is partially true the Obama administration had partially prohibited the use of LIFO method in oil industry to increase collection of taxes.

Ans 11: option 4

Reason: Hallowen constume had no relevance with performance of business, it is a individual activity.

Ans 12 & 13: Question is not clearly visible please upload a clear image.

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