Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following factors would suggest the u

Which of the following factors would suggest the use of a perpetual inventory system? 1)...

70.2K

Verified Solution

Question

Accounting

Which of the following factors would suggest the use of a perpetual inventory system?

1) A small company.

2) Inventory items with a high per-unit cost.

3) A desire to minimize record-keeping requirements.

4) Only annual reporting is required.

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

What is the difference between an experimental and a correlational study?

Psychology
Q

An attacker at the base of a castle wall 3.85 m high throws a rock straight...

Physics
Q

In the Young s double slit apparatus shown the distance between the two slits is...

Physics
Q

Five equal resistances each of resistance R are connected a shown in figure A battery...

Physics
Q

A uniform rod has mass m 2kg and length 13m One end of the rod...

Physics
Q

Given the following list of numbers of candy bars sold at a shop in the...

Basic Math
Q

onvert the quantity to the indicated 17 3 L to pints 7 3 L pints...

Calculus
Q

omework The colored rods shown here are 1 centimeter square and of lengths 1 cm...

Algebra
Q

You estimate you need to supplement your social security payments with monthly withdrawals of $2,290.00...

Accounting
Q

[The following information applies to the questions displayed below.] Arndt, Inc. reported the following for...

Accounting
Q

On September 30, 2016, Golf Mania, Inc., issued $3 million face-value debentures. The bonds have...

Accounting
Q

Please correct the boxes in red, and show all work to ensure accuracy. Thank you!...

Accounting