Under Which Method Are the Most Recent Costs Included in Cost

question 48

Multiple Choice

Under which method are the most recent costs included in cost of goods sold

• A)LIFO
• B)FIFO
• C)Average
• D)Specific identification

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Definitions:

Primary Reinforcer

A naturally reinforcing item or outcome, such as food or water, that does not require learning to be desirable.

Aversive Event

An unpleasant or undesirable occurrence that may trigger negative responses or behavior.

Neutral Value

Neutral Value denotes a value or belief that is perceived as neither inherently positive nor negative, but rather impartial or unbiased.

Positive Event

An occurrence that is beneficial, favorable, or advantageous, leading to positive outcomes or feelings.