Question Content Area Cost flow is in the reverse order in which costs were incurred when using a.weighted average b.first-in, first-out c.average cost d.last-in, first-out Question Content Area Too much inventory on hand a.ties up funds that could be used to improve operations b.increases the cost to safeguard the assets c.increases the losses due to price declines d.all of these.

1. Question Content Area
Cost flow is in the reverse order in which costs were incurred when using
a.weighted average
b.first-in, first-out
c.average cost
d.last-in, first-out
Question Content Area
Too much inventory on hand
a.ties up funds that could be used to improve operations
b.increases the cost to safeguard the assets
c.increases the losses due to price declines
d.all of these