An Assumption About Cost Flow Is Used

question 186

Multiple Choice

An assumption about cost flow is used

• A)because it is required by the income tax regulation.
• B)even when there is no change in the purchase price of inventory.
• C)only when the flow of goods cannot be determined.
• D)because prices usually change, and tracking which units have been sold is difficult.

---

Definitions:

Muscle Strength

The amount of force a muscle or group of muscles can exert against resistance in a single effort.

Sports Medicine

A branch of medicine that deals with physical fitness, treatment, and prevention of injuries related to sports and exercise.

Protein Building

The process of creating proteins from amino acids based on the genetic instructions encoded in DNA.

Consider Themselves

The process by which individuals reflect upon and assess their own identity, qualities, and beliefs.