66. The necessary financial statement disclosure is presented is properly calculated. True False 67.The necessary financial statement disclosure is accomplished if the amount disclosed is properly calculated and the costing method used is stated. True False 68. When purchase prices do not change, the choice of an inventory costing method is unimportant. True False 69. The consistency principle means that one costing method, such as FIFO or moving weighted average, has to be used exclusively. True False 70. The inventory cost flow assumption that assigns the highest cost to ending inventory in a period of rising prices is moving weighted average. True False 71. The inventory cost flow assumption that assigns the highest cost to cost of goods sold in a period of rising prices is FIFO. True False