South Texas College

MHSM 3335

1)True or False? Yorks President and CEO recognizes that the York Pharmaceutical Company needs to raise the required capital for expansion. However, the president argues that borrowing from the bank where they have always done business is the desired way for York to raise capital. Borrowing from the bank is a typical source of capital for proprietary companies.

2- Big data creates opportunities and challenges. Examples may include

4. True or False? If a pharmacy department used the First-ln First-Out (FIFO) inventory method at the beginning of the fiscal year, then the chief financial officer should use the Last-ln First-Out (LIFO) inventory method at the end of the year.i

5. True or False? The average cost of inventory derived by using the weighted average inventory method is in fact an estimate. The weighted average cost is determined by dividing the cost of goods available for sale by the number of units available.

6. True or False. The method described in the preceding two questions has the advantage of accommodating the organization’s choice of depreciation method.

7. The Federal Deposit Insurance Corporation (FDIC) generally provides separate coverage for: