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2 years ago

Which of the following is a characteristic of a perpetual inventory system?

Business

1 answer:

Darina [25.2K]2 years ago

4 0

Answer:

c. Cost of goods sold is recorded with each sale.

Explanation:

In the perpetual inventory system, the inventory is recorded. It helps to keep the inventory records during the particular period.

The examples are purchase, purchase return, sales and sales return and sales discounts and purchase discounts

After each transaction, the inventory and the costs of goods sold are updated after each sale

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The results for conventional and activity-based costing (ABC) computations will be the same as long as: a.the levels of activity

aniked [119]

Answer:

d.the levels of activity for non-unit based cost drivers remain the same.

Explanation:

In the case of conventional and activity based costing calculations, the output should be similar to the activity levels that belong to the non-unit in which the cost driver should remain the same

Thus as per the given scenario, the option d is correct

And, the rest of the options seems incorrect

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2 years ago

How many days will it take for a sum of $1300 to earn $16 interest if it is deposited in a bank paying simple interest at the ra

Sav [38]

The formula is
I=prt
I interest earned 16
P principle 1300
R interest rate 0.04
T time t/365days
16=1300×0.04×(t/365)
Solve for t
T=(16÷(1,300×0.04))×365
T=112.3 days round your answer to get 112 days

Hope it helps!

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2 years ago

When bruno's basis in his llc interest is $187,200, he receives cash of $74,880, a proportionate share of inventory, and land in

adoni [48]

<span>If Bruno's basis in LLC interest is $187,200 he receives $74,880 cash. Bruno's basis in inventory is $51,346 and his basis in land is $64,183. The total value Bruno has in cash, inventory, and land is $190,409. Bruno recognized a gain of $3,209.</span>

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2 years ago

You receive a check for $50 from your Aunt Louise for your birthday. You go to an ATM to deposit the check into your checking ac

Nikitich [7]

Answer:

I think it's 3 but i don't know for sure also can you give me brainlist if I'm right please I really need it

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2 years ago

An important textile industry developed across the islamic world propelled by the staple crop of?

Elden [556K]

The important textile industry grew up, propelled by the staple crop of cotton.

The textile industry in the Islamic world rose after the time of Prophet Mohammad in the year 632 A.D.

Islamic robes were considered to be of very high quality, and they were made in both caliphal and public-run industries. These robes were presented to higher people to honor and respect them.

With the propelling of the cotton crop, the Islamic textile factory flourished as they got beautiful cotton fabrics to create more amount of products. With cotton, they could also produce canvases for the sails of the ships.

Another fabric that was used by the Islamic textile industries was linen.

To know more about textiles,

brainly.com/question/26709632

brainly.com/question/758584

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1 year ago