Management decisions in accounting for inventory cost include all of the following except:
A) Costing method.
B) Inventory system (perpetual or periodic).
C) Customer demand for inventory.
D) Use of net realizable values or other estimates.
E) Items included in inventory and their costs.

Question

Quizplus · Accepted Answer

Customer demand for inventory is not a management decision in accounting for inventory cost. The other options are all management decisions that can impact the calculation and reporting of inventory cost.

Management Decisions in Accounting for Inventory Cost Include All of the Following