Which of the Following Inventory Costing Methods Yields the Lowest

question 93

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:

Large Improvement

A significant positive change or progress in a condition, situation, or in the performance of someone or something.

Maturation Effects

Changes or developments in participants that occur over time naturally, rather than as a result of experimental treatment.

One-group Pretest-posttest Design

An experimental design where a single group is tested before and after an intervention, without the use of a control group.

Internal Validity

pertains to the extent to which a study or experiment accurately establishes a causal relationship between variables, minimizing the influence of external factors.