The Specific Identification Method Is More Appropriate Than a Cost

question 57

Multiple Choice

The specific identification method is more appropriate than a cost flow assumption method:

• A)For a large inventory of identical low-priced items.
• B)If each item in the inventory is unique.
• C)If purchase costs are rising.
• D)If purchase costs are falling.

---

Definitions:

Intrapersonal Conflict

A psychological struggle within the mind of an individual, involving competing ideas, beliefs, or feelings.

Interorganizational Conflict

Disagreements or disputes between two or more different organizations or entities.

Work Team

A group of individuals working towards a common goal or objective, collaborating and sharing their skills and efforts.

Emotional Conflict

A state where an individual experiences contradictory or competing emotions at the same time, leading to feelings of discomfort or distress.