actual cost flow

[English Learner]

Business English Lesson, Advanced Level

ESL/EFL Test #157 "Inventories", question 4

The ......... identification method records actual cost flow: each individual item and its cost must be accounted for.

(a) positive
(b) product
(c) specific
(d) total

Business English Lesson, Advanced Level

ESL/EFL Test #157 "Inventories", answer 4

The specific identification method records actual cost flow: each individual item and its cost must be accounted for.

Correct answer: (c) specific
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What is Actual Cost low.

[Mister Micawber]

Actual cost flow = the costs as they really apply to each item that flows through the inventory.
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Native English teacher at Mister Micawber's