The Specific-Unit-Cost Method

question 65

Multiple Choice

The specific-unit-cost method:

• A) will produce the highest net income.
• B) is also known as the specific identification method.
• C) will produce the same ending inventory as the average cost method.
• D) is also known as the cost-of-goods sold model.

---

Definitions:

Unusual

Something that deviates from what is commonly expected or considered as normal; not ordinary.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification of mental disorders.

Dangerous

Involving potential harm or risk to health, safety, or well-being.

Cultural Relativism

View that norms among cultures set the standard for what counts as normal behavior, which implies that abnormal behavior can only be defined relative to these norms and that no universal definition of abnormality is therefore possible; only definitions of abnormality relative to a specific culture are possible.