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What are the two most widely used methods for determining the cost of inventory?
I believe that it is FIFO and LIFO, which is first in first out and last in first out.
There are two types of control account what are they?
sales ledger control account and purnchase ledger control account
Two main inventory accounting systems are the?
The two main inventory accounting systems are the perpetual inventory system and the periodic inventory system. The perpetual system continuously updates inventory records for each transaction, providing real-time data on stock levels. In contrast, the periodic system updates inventory records at specific intervals, relying on physical counts to determine the inventory balance. Each system has its advantages and is chosen based on the business's operational needs.
What are two possible reasons for the increase in inventory?
Inventory increases when a company buys goods from another company or custumers return a good for a refund.
In a period of rising prices the inventory method which tends to give the highest reported inventory?
Hi - in periods of rising prices, the FIFO (fist in, first out) will give the highest ending inventory. The other two options (LIFO last in first out) will give the lowest ending inventory and the average method will give between the two. Hope this helps!
What are two types of microbial control methods?
1. poison the bug 2. starve the bug (remove food and water)
What are the two basic warehouse operations?
storage and inventory control
History of inventory system?
The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.
What is common methods control speed dc motor?
there are two methods i.e armature control method and field control method....
What are the two types of variables?
The two types of variables are the CONSTANT and CONTROL.
What two methods used to control annual floods?
pp
What are some brand names of inventory control software?
There are several brands of inventory control software. I suggest that you consider the following: Quick Book Enterprise an Zoho CRM. These two brands are excellent and highly recommended.
What are the two types of scientific methods?
Quantitative Research, and Qualitative Research. Those are the two!
Is it true or false that scientific methods have two basic types?
true
What are the two most widely used methods for determining the cost of inventory?
I believe that it is FIFO and LIFO, which is first in first out and last in first out.
How do you overload static methods in java?
Just create two methods with the same name, but with different types or numbers of parameters.
What are the two methods used to make rain?
growing plants and control the pollution
