Which Method of Inventory Valuation Assumes That New Stock Is

question 58

Multiple Choice

Which method of inventory valuation assumes that new stock is sold first while older stock remains in a retailer's inventory?

• A) retail method of accounting
• B) cost method of accounting
• C) LIFO
• D) FIFO

---

Definitions:

Herzberg's Two Factor Theory

A motivational theory suggesting that employee satisfaction and dissatisfaction are influenced by two independent sets of factors: hygiene factors and motivators.