Those Who Are Not Party to a Legal Action, but Who

question 44

Multiple Choice

Those who are not party to a legal action, but who still have an interest in the case, may:

• A) subpoena the judge to have their testimony heard.
• B) file a writ of certiorari with the court and enter themselves as "hostile" witnesses.
• C) submit an amicus brief arguing their perspectives, although such briefs are considered only at the pleasure of the court.
• D) not do anything--only those who are directly party to the legal action may address the court.

---

Definitions:

First-In, First-Out Method

An inventory valuation method where the earliest items purchased or produced are the first to be sold, affecting the cost of goods sold and inventory valuation.

Costs Accounted For

Total costs that have been recognized and recorded within a specific accounting period.

Ending Work in Process Inventory

The value of partially completed goods at the end of an accounting period.

Weighted-Average Methods

An inventory costing method that assigns an average cost to each unit, based on the weighted average of the costs of the goods available for sale.