Of the following businesses, which one would not be likely to use the specific identification formula for inventory costing?
A) piano store
B) car dealership
C) antique shop
D) grocery store

Question

Quizplus · Accepted Answer

A grocery store would not likely use the specific identification method because it deals with high-volume, low-cost items that are not individually distinguishable, making it impractical to track each item separately.

Of the Following Businesses, Which One Would Not Be Likely