Which of the Following Cost Flow Assumptions Would Be Most

question 43

Multiple Choice

Which of the following cost flow assumptions would be most appropriate when the inventory units are unique or costly?

• A)FIFO
• B)Specific identification
• C)Just-in-time
• D)Moving average

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Definitions:

Traits

Characteristic patterns of thoughts, feelings, or behaviors that are relatively stable over time and across situations.

Heredity

The transmission of genetic characteristics from parents to offspring through their genes.

Bone Growth

The process by which bones increase in size, which occurs through both the development and hardening of cartilage into bone (ossification) and the addition of bone tissue.

Nutrient

A constituent of food necessary for normal physiologic function.