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:

Electrodes

Conductive materials used to establish electrical contact with a nonmetallic part of a circuit.

ECG

A medical examination analyzing the heart's electric functionality to detect assorted cardiac disorders.

Sedentary

Pertaining to sitting; inactivity.

Inactivity

A state of being not engaged in physical movement or exercise, often leading to decreased physical fitness.