A user belongs to two non-independent security groups, Group A and Group B. Group A has a purchasing limit of $7000 and Group B has a purchasing limit of $8000.
What is the purchasing limit of a user who belongs to both security groups?
$7000
$8000
$15000
$56000
Correct answer: B
Explanation:
Question 3
What costing method should be used if the receipt cost of items that are the newest in stock is required?