An Advantage of the Weighted Average Inventory Method Is That

question 5

True/False

An advantage of the weighted average inventory method is that it tends to smooth out erratic changes in costs.

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Definitions:

Natural Selection

The mechanism of evolution proposed by Charles Darwin; the tendency of organisms that have favorable adaptations to their environment to survive and become the parents of the next generation. Evolution occurs when natural selection results in changes in allele frequencies in a population. Compare with artificial selection.

Organisms

Living beings that grow, reproduce, respond to external stimuli, and maintain homeostasis.

Hereditary Information

Genetic material passed from parents to offspring, determining inherited traits and characteristics.

Genes

Units of heredity made up of DNA, responsible for guiding the development and functioning of organisms.