14. The duties of the purchasing agent would include all of the following except: a. Placing purchase orders b. Counting and identifying materials received c. Compiling information that identifies vendors and prices d. Verifying invoices and approving them for payment 15. A receiving report would include all of the following information except: a. What the shipment contained b. The purchase order number c. The customer d. The date the materials were received 16. The inventory method which results in the most recent cost being assigned to cost of goods sold is: a. First-in, first-out b. Last-in, first-out c. Last-in, last-out d. Moving average 17. The inventory method which results in the most recent cost being assigned inventory on hand at the end of the period is: a. First-in, first-out b. Last-in, first-out c. Last-in, last-out d. Moving average