A Major Advantage of the Weighted Average Method of Inventory

question 204

Multiple Choice

A major advantage of the weighted average method of inventory costing is that

• A)cost flows correspond with the physical flow of merchandise.
• B)it is relatively easy to apply.
• C)it matches current costs with revenues.
• D)recent costs are assigned to the ending inventory balance.

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Definitions:

Pollutant

Substances that contaminate the environment, causing harm to ecosystems, human health, and the climate.

Injunctive Relief

A court-ordered act or prohibition against certain actions that are likely to cause irreparable harm or injustice.

Pollution

The introduction of contaminants into the natural environment, causing adverse change and harm to ecosystems and human health.

Clean Air Act

A comprehensive federal law in the United States that regulates air emissions from stationary and mobile sources to control air pollution.