Under a periodic inventory system:____________.

Business

1 answer:

anyanavicka [17]2 years ago

7 0

Answer:

1. accounting records continuously disclose the amount of inventory.

Explanation:

The periodic inventory system is the accounting method of calculating the value of inventory at the end of a specified period of time. Under this system, updates are made on a periodic basis rather than after every sale or purchase of inventory. It continuously tracks the record of inventory by physically counting the inventory and the cost of inventory is calculated by using the inventory calculation method, such as FIFO, LIFO, and weighted averages.

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Answer: false

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Utility is your answer. Quality could be your answer as well.
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2 years ago

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The reason why the manager wants the person with 6 months of experience is the fact that a person with 30 years of experience is overqualified for an entry level position.

<h3>What is an entry level position?</h3>

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The kind of people that are fitted for such positions are those that have just graduated from the university.

The person with 30 years of experience does not fit into this category.