Question
Which inventory costing formula calculates value of
closing inventory considering that inventory most recently purchased has not been sold?Solution
The inventory costing formula that calculates the value of closing inventory by assuming that the inventory most recently purchased is still in stock is the First-In-First-Out (FIFO) method. Under this method, the oldest inventory is assumed to be sold first, and the most recently purchased inventory is assumed to be still in stock.
Which assessment type is NOT related to teaching-learning process?
Saylor and Alexander presented approach to curriculum with distinct FOUR stages with feedback loop. Identify these stages:
A. Policy Making
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To make learning effective, a goal must be meaningful in terms ______ ?
