A Disadvantage of Work Sampling Is That

question 59

Multiple Choice

A disadvantage of work sampling is that

• A) it tends to be less accurate, particularly when task times are short.
• B) it observes several workers simultaneously.
• C) it is more expensive than time-study methods.
• D) it is more intrusive than time-study methods, and therefore generates more complaints.
• E) observers do not usually require much training.

Apply the concept of the lower of cost or net realizable value for inventory valuation.

Recognize the impact of inventory errors on financial statements.

Understand the effects of inventory valuation methods (FIFO, LIFO, Average Cost) on financial outcomes.

Analyze the impact of ending inventory adjustments on the subsequent period’s net income.