Examlex
Study the body of each of the following paragraphs. Then, select the letter of the topic sentence that is most accurate. Select the best topic sentence for the paragraph.
One parent in Oklahoma, fed up with her daughter's poor grades and chronic tardiness, forced her daughter to stand at a busy intersection and hold a sign that read "I don't do my homework and I act up in school. My parents are preparing me for my future. Will work for food." After her son was suspended from school for the seventh time, a Kansas City mom required her son to wear a sandwich board declaring that he was the class clown and pace for hours outside her workplace. In California, two parents were charged with abuse after they sent their son to school with dog excrement in his backpack to punish him for failing to clean up after his pet.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in accounting to determine inventory costs.
Cost Flow Assumption
An accounting assumption used to value and manage inventory by determining the cost of goods sold and ending inventory.
Specific Identification
A method of inventory costing where each item in inventory is uniquely identified, allowing for the precise tracking of cost of goods sold and inventory levels.
Cost Flow
The manner in which costs move through a company's inventory accounts to eventually become cost of goods sold.
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