On april 30, jemison engineering receives a special order for a swing set to be delivered to the customer in a month's time. jemison purchases a number of items specifically for the construction of the swing set: lumber, chains, railings and paint. according to the matching concept, when will jemison engineering record the cost of those special items as a cost of goods sold expense?

answer the law of increasing costs;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.