This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How does a perpetual inventory system differ from a periodic system? A) Sales are increased only ... (Read 61 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
on: Jul 5, 2018
How does a perpetual inventory system differ from a periodic system?
 
  A) Sales are increased only at the end of the accounting period in a perpetual system.
  B) Cost of goods sold is increased only after an inventory count in a perpetual system.
  C) Inventory is reduced after each sale in a perpetual system.
  D) Inventory is increased after each sale in a periodic system.

Question 2

Which of the following is not one of COBIT's four broad IT control process domains?
 a. plan and organize
  b. acquire and implement
  c. repair and replace
  d. monitor and evaluate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abro1885

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

C


Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jul 5, 2018
:D TYSM

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

The male reproductive system, sagittal section showing the organs of the system and their relation t The male reproductive system, sagittal section showing the organs of the system and their relation t
The conduction system of the heart; traces the path of the electrical impulse that stimulates the he The conduction system of the heart; traces the path of the electrical impulse that stimulates the he
Schematic of the Earth–Moon system (without a consistent scale) Schematic of the Earth–Moon system (without a consistent scale)
Blood Flow Through the Cardiorespiratory System Blood Flow Through the Cardiorespiratory System
Typical components of software for a practice management system (PMS). Typical components of software for a practice management system (PMS).
Procedures for Diagnostic Tests Related to the Musculoskeletal system Procedures for Diagnostic Tests Related to the Musculoskeletal system
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library