Naomi,age 75,needs Help Bathing,dressing,and Getting into Bed

question 18

Multiple Choice

Naomi,age 75,needs help bathing,dressing,and getting into bed.She has difficulty performing

• A)secondary responsibilities of active functioning.
• B)primary activities of active functioning.
• C)instrumental activities of daily living.
• D)activities of daily living.

---

Definitions:

LIFO Reserve

LIFO reserve is the difference between the cost of inventory calculated under the Last In, First Out (LIFO) method and its cost calculated under the First In, First Out (FIFO) method.

FIFO Estimate

An accounting technique, "First In, First Out," estimating the value of inventory or assets on the assumption that the first items acquired are the first ones to be used or sold.

LIFO Inventory

An inventory valuation method where the last items to enter inventory are the first ones to be used or sold.

Periodic Inventory

An inventory accounting system where the inventory is updated and the cost of goods sold is calculated at the end of a period instead of after each sale.