Which of the Following Is Not an Acceptable Inventory Costing

question 21

Multiple Choice

Which of the following is not an acceptable inventory costing method?

• A) specific identification
• B) last-in, first-out (lifo)
• C) first-in, first-out (fifo)
• D) average cost
• E) next-in, first-out (nifo)

---

Definitions:

PDR

Stands for the Physicians' Desk Reference, a comprehensive drug and prescription reference manual.

Antiplatelets

Medications that prevent blood cells called platelets from clumping together to form a blood clot, reducing the risk of heart attacks and strokes.

Bronchodilator

Medication that makes breathing easier by relaxing the muscles in the lungs and widening the airways (bronchi).

Orphan Drug

A pharmaceutical agent developed specifically to treat a rare medical condition, the so-called "orphan" diseases.