Examlex
Which of the following is NOT required for certification as a USDA-certified organic farm?
Physical Units
A quantifiable measurement of products or goods that doesn't consider value or weight, used in inventory and production.
Process Cost Accounting
An accounting method used to assign production costs to products based on processes or departments, useful in mass production environments.
Materials Account
An account used in bookkeeping to track costs of raw materials during an accounting period.
FIFO Method
The FIFO (First-In, First-Out) method is an inventory valuation strategy where the oldest inventory items are sold or used first.
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