Which Inventory Costing Method Would NOT Be Appropriate for a Manufacturer

question 112

Multiple Choice

Which inventory costing method would NOT be appropriate for a manufacturer using a perpetual inventory system?

• A) First-in,first-out
• B) Last-in,first-out
• C) Average cost
• D) Dollar-value LIFO

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Definitions:

Principle of Spontaneous Recovery

The reappearance of a previously extinguished response after a period of no exposure to the conditioned stimulus, often observed in classical conditioning.

Fear of Rat

An irrational and intense fear of rats, technically known as musophobia.

Conditioning

A process of behavior modification by which a subject comes to associate a desired behavior with a previously unrelated stimulus.

Metronome

A device used to mark time at a selected rate by giving a regular tick sound.