Which of the Following Statements Is(are) True

question 81

Multiple Choice

Which of the following statements is(are) true?
I. For cost control, the FIFO method of process costing is better than the weighted-average method.
II. The weighted-average method of process costing assigns more cost to units completed (transferred out) than the FIFO method.

• A) Only I is true.
• B) Only II is true.
• C) Both of these are true.
• D) Neither of these is true.

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Definitions:

Secondary Xylem

The part of a plant that transports water and nutrients from the roots to the leaves and provides structural support, formed after the primary xylem during growth.

Vascular Cambium

A layer of tissue in plants that generates new phloem and xylem cells, contributing to the stem's radial growth.

Pith

The innermost tissue in the stems and roots of many herbaceous plants; primarily a storage tissue.

Vascular Cambium

A layer of meristematic tissue in plants that produces vascular tissues, contributing to the thickness growth of stems and roots.