Select the Meaning for the Following Combining Forms and Suffixes

question 59

Multiple Choice

Select the meaning for the following combining forms and suffixes.
-Select the term that is spelled correctly:

• A) benign
• B) beningn

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Definitions:

Periodic System

An inventory valuation method where inventory counting and valuation are performed at specific intervals.

Ending Inventory

The total cost of all the inventory a business has in stock at the end of an accounting period.

Inventory Costing Methods

These are accounting approaches to determine the value of inventory on hand and the cost of goods sold, including methods like FIFO (First-In, First-Out) and LIFO (Last-In, First-Out).

Weighted-average

A calculation that takes into account both the quantity and the significance of the items being averaged.