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Tanzania [10]
3 years ago
11

When a periodic inventory system is used, a.only the reduction of inventory is recorded each time a sale is made. b.only the cos

t of goods sold is recorded each time a sale is made. c.only revenue is recorded each time a sale is made. d.None of these choices are correct.
Business
1 answer:
Anika [276]3 years ago
7 0

Answer:

c. only revenue is recorded each time a sale is made.

Explanation:

A periodic inventory system is a system used to define the amount of inventory at the end of an specified period. To achieve this revenue is recorded each time.

I hope you find this information useful and interesting! Good luck!

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The curve that shows how much gdp is demanded at various price levels is called:
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Aggregate demand curve is the curve that shows how much gdp is demanded at various price levels. 

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3 years ago
Which of the following statements accurately brings out the difference between a perfectly competitive industry and a monopolist
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Answer:

its d

Explanation:

industry has the freedom to raise prices

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BarBQ Sushi Taco Company considers the impact of its corporate decisions on various groups and often acts in the interest of a g
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Answer:

d. recent college graduates.

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3 years ago
Read 2 more answers
Which statement is not true about life insurance companies? A. They sell contracts that offer financial protection against prema
Readme [11.4K]

Answer:

The statement which is not true about life insurance companies is:

B. They invest heavily in short-term highly marketable securities.

Explanation:

  • The option A is true about the life insurance companies as they sell contracts that offer financial protection against premature death and against living too long as this the main purpose of a life insurance policy.
  • These companies don't invest heavily in short-term highly marketable securities so the option B is not true about these companies.
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7 0
4 years ago
Question 9
irina1246 [14]

Answer:

Easy access to funds through a debit card

Explanation:

A checking account is an account that individuals open at a bank or a financial institution to withdraw and deposit money.  It is also referred to as a demand account.  The salient feature with a checking account is that it is very liquid.  It permits users a quick way of accessing their money.

A checking account can be accessed using  ATMs, electronic cards, and checks. The checking account allows users to deposit and withdraw money multiple times without attracting charges.

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