Which of the Following Statements Is True with Regard to All

Multiple Choice

Which of the following statements is true with regard to all inventory costing methods?

A) The ending inventory balance and cost of goods sold move in the same direction.
B) The ending inventory balance and the cost of total assets move in the opposite direction.
C) The ending inventory balance and net income move in the same direction.
D) The ending inventory balance and net income move in the opposite direction.