Considerations that affect the selection of an inventory costing method do not include:

a. tax effects.

b. balance sheet effects.

c. income statement effects.

d. perpetual versus periodic inventory system.

Perpetual versus periodic inventory system:

Explanation:

Perpetual versus periodic inventory system:

Management of any corporation are liable to select any method for inventory costing like, FIFO, LIFO etc and inventory system. These two method is different from each other, effect of one don't impact other.

But proper care have been taken by management by deciding the costing method as it affect the amount included as inventory like cost of sold product and other taxable items.