Under the perpetual inventory system, all purchases of ...

[corkyiscool3328]

Under the perpetual inventory system, all purchases of merchandise are debited to the account
 a. Merchandise Inventory
  b. Cost of Merchandise Sold
  c. Cost of Merchandise Available for Sale
  d. Purchases

Question 2

According to the 2011 PricewaterhouseCoop ers (PwC) Global Economic Crime Survey:
 a. Internal audit is the most effective fraud detection method.
  b. Cybercrime ranks as one of the top four economic crimes worldwide.
  c. Accounting fraud has increased significantly over the last two years.
  d. All of the above.

[bfulkerson77]

Answer to Question 1

a

Answer to Question 2

B

[corkyiscool3328]

YES! Correct, THANKS for helping me on my review

[Liamb2179]

Thanks for the timely response, appreciate it