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2 years ago

A periodic system of inventory:

Business

1 answer:

harina [27]2 years ago

4 0

Answer:

A. reduces record keeping.

Explanation:

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

Hence, a periodic system of inventory reduces record keeping because there's no continuous records in real-time of the amount of inventory sold or purchased by the customers.

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Answer:

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Explanation:

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3 years ago

In the Trial Balance:

Mariana [72]

Answer:

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2 years ago

Use the drop-down menus to indicate whether each of the following events would be recorded as revenues or expenses at the time i

nikitadnepr [17]

Answer and Explanation:

The classification is as followS:

<u>Transactions Accrual basis Cash basis </u>

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3 years ago

Which of the following changes in the loanable funds market will decrease the equilibrium real interest rate?

LuckyWell [14K]

Answer:

The answer is Option C

Explanation:

Any event that would either decrease the demand for loanable funds or increase the supply of loanable funds will decrease the equilibrium interest rates. Supply of loanable funds is affect by the amount of national savings. National savings in turn, is the sum of private savings, public saving and net capital inflow.

In option C, capital inflows are increasing. This means that there would be an excess supply of money in the economy which can be converted into loanable funds. This would, therefore, push the supply curve to the right thereby reducing the real interest rate equilibrium.

7 0

3 years ago

Which is not one of the five basic elements of aâ paragraph?

Oduvanchick [21]

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1. Unity

2. Development

3. Audience

4. Organization

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Answer: A. Spelling

hope this helps!

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3 years ago