In a large pharmaceutical company, researchers are divided up into teams. Once each quarter, team leaders meet with the head of R&D to provide progress reports, explain why promising projects should continue, and request funding for ongoing work. Based on the presentations, the R&D head then determines which teams move forward with ongoing projects and which teams get reassigned to new projects. What two types of vertical power does the R&D head wield? Group of answer choices Formal position and control of information Resources and formal position Control of information and network centrality Network centrality and people

Example1 lcnrv: ted company uses the lower of cost or nrv method in valuing its inventory items. the inventory at december 31, 2017, consists of products a, b and c, each having 1,000 units. relevant unit data for these products appear below: item a item b item c cost $ 80 $80 $80 estimated selling price 180 100 90 estimated selling cost 30 30 30 required: using the lower of cost or net realizable value rule, determine the proper value of inventory for balance sheet reporting purposes at december 31, 2017. prepare any necessary journal entry. apply the lower of cost or nrv method: • on an individual inventory basis; • on a group basis; • on a total inventory basis. solution worksheet: inventory (on an individual basis): inventory value item nrv cost lc- item a item b item c total inventory (on a group basis): inventory value item nrv cost lc- group 1 (item a and b) group 2 (item c) total inventory (on an aggregate inventory basis): inventory value item nrv cost lc- total inv