Which Statement Best Explains the Specific Identification Method

question 125

Multiple Choice

Which statement best explains the specific identification method?

• A)A method that uses the most recent costs in the calculation of cost of sales.
• B)A method that uses the cost of goods available for sale divided by the number of units available for sale.
• C)A method that assigns costs to inventories and cost of sales based on actual costs of each item.
• D)A method that uses the oldest costs in the calculation of cost of sales.

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Definitions:

Ifconfig

In Linux/Unix environments, a command that shows network interface information for Ethernet ports.

Disk Utility

A powerful application that manages disks and images in macOS. The utility can rename, reformat, erase, repair, and restore disks. It should be approached with caution because the wrong usage could delete all data on the system or on an attached external disk.

Time Machine

A bundled application in macOS that performs full and incremental system backups to an external hard drive. It gets its clever naming from the capability to navigate past backups as if traveling backward through time.

System Information

Detailed data regarding a computer's hardware and software configuration, often used for troubleshooting or system management purposes.