Three common cost flow assumptions are
A. First in and first out
B. Last in and first out
C. Average cost method
D. Straight line method
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Two main types of inventory accounting system are
A. Periodic system
B. Perpetual system
C. First in and first out
D. Last in and first out
Work-in-progressinventory is the partially finished goods waiting for completion and resale;
A. 对
B. 错
The only way to determine the ending inventory cost and cost of goods sold in a periodic system is to count the goods.
A. 对
B. 错
They were just about to leave _______the telephone.
A. before
B. when
C. as
D. than