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C-THR95-2105

Exam Code: C-THR95-2105

Exam Name: SAP Certified Application Associate - SAP SuccessFactors Career Development Planning and Mentoring 3H/2021Certification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
In a period of falling prices, the FIFO inventory method
A. magnifies the effects of the business cycle on income
B. neither of these answers is correct
C. gives the lowest possible value for ending inventory
D. both of these answers are correct
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The first-in-first-out (FIFO) method is based on the assumption that the costs of the first items acquired should be assigned to the first items sold, therefore ending inventory on hand is based on the most recent prices.

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