Which Costing Method Will Produce Different Results Under Perpetual and Periodic

question 69

Multiple Choice

Which costing method will produce different results under perpetual and periodic systems?

• A)Specific identification
• B)Average-cost
• C)FIFO
• D)Both FIFO and specific identification

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Definitions:

Ruminative Response Styles Theory

A theory suggesting that a habit of persistently focusing on one's distress and its possible causes and consequences contributes to depression.

Content of Thinking

Refers to the subjects, themes, or ideas that occupy one's thoughts, reflecting individual concerns, interests, and cognitive processes.

Hopelessness Depression

A subtype of depression characterized by a negative outlook on the future and a feeling that nothing can improve.

Pessimistic Attitude

A mindset inclined towards expecting the worst possible outcomes or focusing on the negatives in any situation.