Which of the Following Inventory Costing Methods Yields the Highest

question 129

Multiple Choice

Which of the following inventory costing methods yields the highest net income during a period of rising inventory costs?

• A) specific identification
• B) weighted-average
• C) last-in, first-out
• D) first-in, first-out

---

Definitions:

Route the Call

The process of directing a telephone call to the appropriate recipient or department within a system.

Document

To record or provide written evidence of information, processes, or transactions.

Dispensing Refills

The process of providing additional supplies of a prescribed medication to a patient, based on a previously authorized prescription.

Original Prescription

An initial prescription given by a healthcare provider that outlines a specific medication and dosage for a patient.