The Assignment of Costs to Cost of Goods Sold and Inventory

question 133

True/False

The assignment of costs to cost of goods sold and inventory using (moving) weighted average usually gives different results depending on whether a perpetual or periodic system is used.

---

Definitions:

CS Without US

This refers to a condition where a conditioned stimulus (CS) is presented without pairing with an unconditioned stimulus (US), generally leading to extinction in classical conditioning.

Conditioning Process

A learning process in which an individual learns to associate a specific stimulus with a particular response.

Intermittent Pairing

A concept in behavioral psychology where two stimuli are occasionally paired together to produce a conditioned response.

Operant Conditioning

A method of education where the potency of an act is shaped by incentives or sanctions.