Use the Following to Answer Questions

question 32

Multiple Choice

Use the following to answer questions:
Matching
Selecting from the following list of names, match the item with the name best associated with it.
-Yellow journalism publisher

• A)Nellie Bly
• B)Adolph Ochs
• C)William Randolph Hearst

Identify items that should or should not be included in merchandise inventory.

Distinguish the advantages and disadvantages of different inventory valuation methods.

Appreciate the significance of the cost-flow assumption in inventory management.

Understand how the retail inventory method estimates ending inventory.