1 Chess is generally reckoned to be primarily a tactical game, whereas Go has more of a balance of strategy and tactics.  Initiative - In both games having the initiative can give one control of the course of the game (for a while, at least).
1 Income effect-Inventory and cost of goods sold are interdependent. 2  As a result, if LIFO method is used in a rising-price and increasing-inventory environment, more of the higher-cost goods (last ones in) will be accounted for in COGS as opposed to FIFO.IFO will use the cost of the old stock to determine the COGS, making the profitability ratio less reflective of the current economic reality. As a general rule, in a rising-price and stable-or increasing-inventory environment,using profitability measures based on LIFO is better.
This is the range in pips that the price has moved over the given time frame. The above chart is a daily chart and so in this case, the volatility of the price is an average of 65 pips over the last 14 days. Using this value, traders can expect the price movement on the given day to move by 65 pips.he above chart is a daily chart and so in this case, the volatility of the price is an average of 65 pips over the last 14 days. Using this value, traders can expect the price movement on the given day to move by 65 pips.