If a Company Uses Average Costing Instead of FIFO, It

question 101

True/False

If a company uses average costing instead of FIFO, it will still get the same unit costs.

---

Definitions:

Psychological Disorder

A condition characterized by abnormal thoughts, feelings, or behaviors that may cause distress or hinder normal functioning.

Flat Affect

A symptom of schizophrenia in which the person shows almost no emotion at all.

Blunted Affect

A significant reduction in the expression of emotions; a symptom often associated with schizophrenia and some mood disorders.

Anhedonia

Loss of the capacity to experience pleasure, a common symptom in major depressive disorder and other psychiatric conditions.