How many orders per year does the diner place if they order at the economic order quantity?

A) 18
B) 9
C) 5
D) 14

Statement I: The WTO regulates world trade.
Statement II: The basis for international trade is that all nations stand to gain through specialization and exchange with other nations.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

GAAP frequently requires financial statement users to accept a compromise that favors reliability over faithful representation.