Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the perpetual inventory system is different from t

The perpetual inventory system is different from the periodic inventory system mainly because Multiple Choice...

60.1K

Verified Solution

Question

Accounting

The perpetual inventory system is different from the periodic inventory system mainly because

Multiple Choice

  • It is a cheaper and easier method for high volume items in a small business

  • It only allows for the use of the weighted average costing method

  • none of the above

  • It expenses the inventory (as a cost of goods sold) when the sale is made

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

QUESTION THREETreble Plc is planning to commence production of a new product –the Dom....QUESTION...

Accounting
Q

Post a 225- to 300-word (3- to 4-paragraph) explanation of the impact of unethical behaviors and...

General Management
Q

b 3 A uniform magnetic field B points vertically up and is slowly changed in...

Physics
Q

What is the volume of the cube below O A 9h OB 9h O C...

Geometry
Q

Type an equation using n

Geometry
Q

Vector A is transformed to vector B Identify the transformation B 54 5 5 4...

Geometry
Q

Liquid A is known to have a lower viscosity and lower surface tension than Liquid...

Basic Math
Q

man is planning for college and takes a standardized test While registering for the test...

Statistics
Q

was taught Carolina is observing the launch of a Space X rocket from the command...

Algebra
Q

Identify and discuss the role of the groups that influence the development and implementation of...

Accounting
Q

Use yahoo finance or another provider to find information on Coca Cola Corporation. Its ticker...

Finance
Q

The stock of Green-Earth Corp., a renewable energy and tax exempt firm, has an expected...

Finance