Which of the Following Inventory Costing Methods Is Based on the Actual

question 125

Multiple Choice

Which of the following inventory costing methods is based on the actual cost of each particular unit of inventory?

• A)Specific- unit- cost
• B)First- In, First- Out
• C)Average- cost
• D)Last- In, First- Out

---

Definitions:

Role Analysis Technique

A method used in organizational development to identify, describe, and analyze the responsibilities and duties of a job role.

Job Rotation

Enlarging jobs by moving employees among several different jobs.

Exit Interviews

A survey or interview conducted with departing employees to gain insights into their experiences, reasons for leaving, and suggestions for improving the workplace.

Job Descriptive Indices

A validated survey instrument used to measure employees' satisfaction with various aspects of their jobs.