A Major Advantage of the Weighted Average Method of Inventory

question 79

Multiple Choice

A major advantage of the weighted average method of inventory costing is that

• A)Cost flows correspond with the physical flow of merchandise.
• B)It is relatively easy to apply.
• C)It matches current costs with revenues.
• D)Recent costs are assigned to the ending inventory balance.

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Definitions:

Fascia

A band or sheet of connective tissue, primarily collagen, beneath the skin that attaches, stabilizes, encloses, and separates muscles and other internal organs.

Scalpel

A small, sharp knife that is used in surgeries to make incisions or cut tissues.

Probe

A device or instrument used to explore, investigate, or measure something within the body or in a scientific experiment.

Axillary Border

The lateral edge of the scapula, extending from the glenoid cavity to the inferior angle, important for muscle attachment.