When identical units of an item are purchased at different costs: <span>an inventory cost flow method must be used under both a perpetual and a periodic inventory system.
A perpetual inventory system will update your inventory on hand after each sale or purchase of inventory is made. A periodic inventory system is updated periodically, meaning, a company will give a time period they would like their sales and purchases to update in and the system will perform that. Both systems are great for a business but it's their option of how they are generated.
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Answer:
Increasing visibility on all procurement stages. You can get access to the reports, documents, payments, workflows anytime. Data Security.
Explanation:
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Answer:
D. Group buying platform
Explanation:
Group buying platform is a kind of online buying platform that offers products and services at significantly reduced prices on the condition that a specific number of buyers would make the purchase. In group buying, a minimum number of buyers that are expected to make purchase are clearly stated and it usually has a time frame
Answer:
d. This is an example of a direct transfer of capital.
Explanation:
Direct transfer of stocks or securities refers a to situation whereby a seller of securities or stocks sell them to the buyer direct without involving any financial institution. Under this, seller will directly deliver the security certificate to the buyer who will in turn pay the seller in cash or by check immediately.
Therefore, collecting check from your brother for the Microsoft stock and giving your brother the stock certificate is an example of a direct transfer of capital.