Multiple Choice
The "least and latest rule" is:
A) that a taxpayer should pay the least tax legally permitted at the latest date allowed.
B) an inventory management system similar to LIFO,where the least amount of inventory on hand is from the latest purchases from suppliers.
C) the latest information technology is the least commonly used in accounting practice.
D) the least competent employees are always the latest to show up for work.
Correct Answer:
Verified
Correct Answer:
Verified
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