Cost Management
Inventory Cost Flow Assumption
USD 15.00
The course consists of the following topics:
- The Necessity of Adopting a Cost Flow Assumption.
- The Selection of a Cost Flow Assumption for Reporting Purposes.
- Problems with Applying LIFO.
- Merging Periodic and Perpetual Inventory Systems with a Cost Flow Assumption.
- Applying LIFO and Averaging to Determine Reported Inventory Balances.
- Analyzing Reported Inventory Figures.
Course Features
Credits:
3 PDU
Skill Section:
Technical
Access:
Lifetime
Test Questions:
23