Angeliquegrace6226 Angeliquegrace6226
  • 05-09-2019
  • Business
contestada

An inventory pricing procedure in which the oldest costs incurred rarely have an effect on the ending inventory valuation is:

Respuesta :

federico1636
federico1636 federico1636
  • 09-09-2019

Answer:

First in, first out (FIFO)

Explanation:

In FIFO,  the assets produced or acquired first are sold, used or disposed of first and may be used by an individual or a corporation. So , since the newer costs are more relevant , the oldest cost won't affect the ending valuation.

Answer Link

Otras preguntas

What is the name of the muscle underlying the eyelid skin
Which of the following graphs represents an exponential function? I choose C, but I'm not sure.
24divided (-4)+(2)x(-5)=
Which of the following represent unusual features of the 2000 presidential election results? Check all of the boxes that apply. A candidate from a third party n
Madison wants to make cookies for her little sisters birthday party. She is cutting a fool of cookie dough into pieces that are 1/2 inch think. If a roll is 13
You ask an employee to string holiday lights around the perimeter of a circular room. The room is 30 feet in diameter. How many feet of lights will she need?
What are 3 ways that propaganda posters influence men to enlist and support the us fighting in world war 1
What is the volume of a 14 in diameter pipe that’s 2156 long?
The Hugh's purchased a new condo for $1,000,000.00 at 8% for 30 years. What are the monthly payments?
Need help with these two help anyone ?