Match Each Description to the Appropriate Cost Flow Assumption (A-C)

question 1

Multiple Choice

Match each description to the appropriate cost flow assumption (a-c) .
-Produces results that are similar to the specific identification method

• A)FIFO
• B)LIFO
• C)Weighted average

---

Definitions:

Random Assignment

A method used in experiments where participants are allocated to different groups in a manner that is determined by chance.

Manipulated

Altered or controlled in a deliberate way, often used in the context of variables in experimental research.

Variable

An element, feature, or factor that is liable to vary or change.

Continuous Variable

A type of variable that can take an infinite number of values within a given range.