The pricing of issues from inventory must be deferred until the end of the accounting period under the following method of inventory valuation
A) moving average.
B) weighted-average.
C) specific identification.
D) FIFO.

Question

Quizplus · Accepted Answer

The weighted-average method requires calculating the average cost of inventory at the end of the accounting period to determine the cost of goods sold and ending inventory.

The Pricing of Issues from Inventory Must Be Deferred Until