Decisions management must make in accounting for inventory cost include all of the following except:
A) Perpetual or periodic inventory system.
B) Customer demand for inventory.
C) Items included in inventory and their costs.
D) Use of market values or other estimates.
E) Costing method.

Question

Quizplus · Accepted Answer

While customer demand can influence inventory levels and ordering decisions, it is not a factor in accounting for inventory cost. The other options listed are all decisions that management must make in regards to inventory cost accounting.

Decisions Management Must Make in Accounting for Inventory Cost Include