CTU ACCT201 PHASE 4 DISCUSSIONS

Primary Task Response:
Within the Discussion Board area, write 300–400 words that respond to
the following questions with your thoughts, ideas, and comments. This
will be the foundation for future discussions by your classmates. Be
substantive and clear, and use examples to reinforce your ideas.
Accounting for merchandise inventory is done using different methods. Write a report discussing three different methods (3 inventory costing methods (specific identification, FIFO, LIFO, and/or weighted average). In the report, identify 2 reasons why a business would choose that particular method.
Responses to Other Students: Respond to at least 2
of your fellow classmates with a reply of at least 100 words about their
primary task response regarding items you found to be compelling and
enlightening. To help you with your discussion, please consider the
following questions:
What did you learn from your classmate’s posting?
What additional questions do you have after reading the posting?
What clarification do you need regarding the posting?
What differences or similarities do you see between your posting and other classmates’ postings?