Which of the Two Following Inventory Valuation System Differ Between

question 118

Multiple Choice

Which of the two following inventory valuation system differ between periodic and perpetual inventory systems?

• A)LIFO and FIFO
• B)FIFO and Weighted average method
• C)LIFO and Weighted average method
• D)Specific identification

---

Definitions:

Authorization Cards

Documents signed by employees to show support for union representation, often used in the process of forming or certifying a new union.

Bargaining Unit

A collection of workers who share common interests and are represented by a single union in negotiations with their employer.

NLRB

The National Labor Relations Board, a federal agency overseeing the enforcement of U.S. labor laws in relation to collective bargaining and unfair labor practices.

NLRB Certification

The official recognition by the National Labor Relations Board that a labor union is the authorized representative of a group of employees for collective bargaining purposes.