__________ method of pricing of material issues is not popular as it always undervalues the stock and leads to creation of secret reserve.

CS Executive · Cost and Management Accounting · PYQS · December 2018
__________ method of pricing of material issues is not popular as it always undervalues the stock and leads to creation of secret reserve.
(A) Weighted Average Price
(B) Base Stock
(C) Highest in First Out
(D) Standard Price

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Material Costing

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