nyaa20050 nyaa20050
  • 01-12-2020
  • English
contestada

QUESTION 3 of 10: Which of the following is a characteristic of a periodic inventory system?

QUESTION 3 of 10 Which of the following is a characteristic of a periodic inventory system class=

Respuesta :

ProfChris1
ProfChris1 ProfChris1
  • 06-12-2020

Answer:

A. It requires that each item of stock is counted and recorded to determine stock levels.

Explanation:

Periodic inventory is known to be a system of inventory whereby updates of the inventory are made on a periodic basis. In this inventory system, there is no effort made to keep up-to-date records of the inventory. The inventory is usually updated at the end of an accounting year and not after each sale and purchase.

Answer Link

Otras preguntas

13. Given AXYZ, select ALL statements that apply.​
sooooo i need help like real help like 20% help like please help help help
A survey of pet owners shows that: 61 have a cat 70 have a dog 30 have both a cat and a dog 15 have neither a cat nor a dog How many pet owners were surveyed?
Phytoplankton are primary producers that live just below the ocean's surface. Why are phytoplankton important for the global environment? A) Phytoplankton lower
How are u doing guys?
As a sound wave travels, what happens to the particles in the medium it travels through
HELPPPPPPPPPPPP!!!!!
Help me find the GCF
The ratio of boys to girls is 2:3. There are 716 girls about how many boys would there be
Which of the following was the basis of one Anti-Federalist concern about the proposed form of government?