Which of the Following Inventory Costing Methods Yields the Lowest

question 59

Multiple Choice

Which of the following inventory costing methods yields the lowest Cost of sales when costs are rising during the accounting period?

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

---

Definitions:

Operant Conditioning

A pedagogical strategy where the frequency of a behavior is adjusted using encouragement or suppression.

Negative Reinforcement

A type of operant conditioning that involves the removal of an unpleasant stimulus to increase the likelihood of a behavior being repeated.

Unfavorable Stimulus

A stimulus considered unpleasant or adverse, which can alter behavior when removed following a specific action.

Favorable Stimulus

A stimulus that elicits a positive response or behavior from an organism.