Which of the Following Cost Flow Assumptions Will Result in the Same

question 52

Multiple Choice

Which of the following cost flow assumptions will result in the same ending inventory under both the perpetual and periodic inventory systems?

• A)FIFO
• B)LIFO
• C)Average cost
• D)Net realizable value

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Definitions:

Fit

The degree of alignment or compatibility between two or more entities, such as a job candidate and corporate culture.

5C Model

The 5C Model is a marketing framework that focuses on understanding a company's situation by analyzing five key areas: company, customers, competitors, collaborators, and context.

Client Satisfaction

A measure of how products and services supplied by a company meet or surpass customer expectation.

Compliance

Compliance involves following and adhering to laws, regulations, standards, and ethical practices in one's personal actions or in the operations of a business or institution.