Under the ________ Method,ending Inventory Is Based on the Costs

question 86

Multiple Choice

Under the ________ method,ending inventory is based on the costs of the most recent purchases.

• A)average-cost
• B)FIFO
• C)LIFO
• D)specific-identification

---

Definitions:

Microsoft Edge

A web browser developed by Microsoft, intended as the successor to Internet Explorer.

Settings Pane

A section of a software interface where users can adjust preferences or configurations of the application or system.

Reading View

A feature in browsers or reading applications that simplifies a webpage or document's layout to emphasize text, making it easier to read.

Favorites

A feature in web browsers to bookmark and easily access frequently visited websites or pages.