Author Question: Which method results in the cost of goods sold equaling the exact cost of the actual goods that have ... (Read 132 times)

nmorano1 · **on:** Jul 5, 2018

Which method results in the cost of goods sold equaling the exact cost of the actual goods that have been sold?

A) FIFO
B) LIFO
C) Weighted average method
D) Specific identification

Question 2

Which of the following personnel security control plans is corrective in nature as opposed to being a preventive or detective control plan?
a. rotation of duties
b. fidelity bonding
c. forced vacations
d. performing scheduled evaluations