Which of the Following Inventory Costing Methods Yields the Lowest

question 129

Multiple Choice

Which of the following inventory costing methods yields the lowest cost of goods sold during a period of rising inventory costs?

• A)Specific identification
• B)Weighted-average
• C)Last-in, first-out
• D)First-in, first-out

---

Definitions:

Generalized Anxiety Disorder

A chronic disorder characterized by excessive, long-lasting anxiety and worry about nonspecific life events, objects, and situations.

Psychological Theories

Conceptual frameworks for understanding human thoughts, behaviors, emotions, and how they are developed and influenced by various factors.

Obsessions

Persistent, intrusive, and unwanted thoughts that cause distress or anxiety.

Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession, or according to rules that must be applied rigidly.