Accountıng I Deneme Sınavı Sorusu #1313868
................................ method an inventory costing method in which the first costs into inventory are the first costs out to cost of goods sold. Ending inventory is based on the costs of the most recent purchases.
Which of the following choices fills the blank correctly?
|
First-In, First-Out (FIFO) Method |
|
Last-In, First-Out (LIFO) Method |
|
Average Cost Method |
|
Specific Identification Method |
|
Maximum cost method |
Yanıt Açıklaması:
First-In, First-Out (FIFO) Method an inventory costing method in which the first costs into inventory are the first costs out to cost of goods sold. Ending inventory is based on the costs of the most recent purchases. The correct choice is A.
Yorumlar
- 0 Yorum