The inventory system in which a constant, up-to-date record of merchandise on hand is maintained is called
Question:
The inventory system in which a constant, up-to-date record of merchandise on hand is maintained is called the
a. First-in, first-out system.
b. Last-in, first-out system.
c. Perpetual inventory system.
d. Periodic inventory system.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
The correct answer is c Perpetual inventory system A Perpetual Inventory System is an inventory system in which a constant uptodate record of merchand...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
In ?5.2.2 we described a simple system in which a piston is used to extract energy from a hot gas with efficiency(5.20) Show that the energy extracted precisely corresponds to the energy of the...
-
Tico has 1000 units of Merchandise on hand at year end. Each unit cost $32, has a replacement cost of $29, has an estimated selling price of $42, has a disposal cost of 4, and has a estimated normal...
-
What is the term for the actual counting of merchandise on hand and available for sale at the end of the fiscal period?
-
In the calculation of the power in an a.c. circuit using the formula W = EI cos , errors of +1% in I, 0.7% in E and + 2% in occur. Find the percentage error in the calculated value of W when = 1/3...
-
The following regression results relate to a study of the salaries of public school teachers in a Midwestern city: a. What is the /-ratio for EXP? Does it indicate that experience is a statistically...
-
A hot steel ball is dropped into a cold aluminum cup containing some water. ( Assume the system is an isolated.) If the ball loses 400 J of heat, what can be said according to calorimetry?
-
Derive formula (12.6) by converting a cash flow of a bond to that of the fixed portion of the swap. Formula 12.6 X V=MSo IB(M,C) - 100d (0,M)]}N, (12.6)
-
BONDS ISSUED AT FACE VALUE WITH SINKING FUND Creswell Entertainment issued the following bonds: Date of issue and sale: ........April 1, 20-1 Principal amount: ..........$600,000 Sale price of bonds:...
-
Nolan Corp. uses no debt. The weighted average cost of capital is 6.7 percent. The current market value of the equity is $28 million and the corporate tax rate is 21 percent. What is the company's...
-
In July 2016, Josh Gavidia and Rae Dineda, co-owners of Style Inc. (Style), a fine bespoke tailoring company, wondered how to increase the companys profitability. Over the past six years, the...
-
Name and describe the two systems used to determine the quantity of merchandise on hand.
-
a . Why does a company need a control system for its merchandise inventory? b . What information does tracking inventory provide to a business?
-
Faults at bus \(n\) in Problem 9.8 are of interest (the instructor selects \(n=\) 1, 2, 3, 4, or 5). Determine the Thvenin equivalent of each sequence network as viewed from the fault bus. Prefault...
-
The 1964 Civil Rights Act prevents merchants, public accommodations, and employers from denying service and practicing discrimination in employment based on defined criteria. Develop an argument...
-
Describe how this scene illustrates the role of reflected appraisal and social comparison in forming a person's self-concept. Discuss how Ben and Katie could use the textbook material on Emotions to...
-
Please rewrite this letter with any and all punctuation you feel is necessary and required. July 5 2022 Manager, Faculty Affairs ABC County College To whom it concerns I am writing to offer my...
-
From the book Actions of Disrupted: My Misadventure in the Start-Up Bubble , Lyons talks about "The Bozo Explosion" and how it impacts that kinds of people that end up working at HubSpot. These...
-
In the topic of Lab Rats: How Silicon Valley made work miserable for the rest of us Lyons talks about the downside of constant change in the organizational context, with plenty of examples to back up...
-
Consider this sequence: 72, 72. 25, 72. 5, 72. 75, 73 a. Use your calculator to evaluate each term in the sequence. If answers are not exact, approximate to four decimal places. b. Find the...
-
Calculate I, , and a for a 0.0175 m solution of Na 3 PO 4 at 298 K. Assume complete dissociation. How confident are you that your calculated results will agree with experimental results?
-
What is the normal due date for the tax return of calendar-year taxpayers? What happens to the due date if it falls on a Saturday, Sunday, or holiday?
-
Sometimes taxpayers may not be able to file their tax returns by the normal due date. Are extensions available? How long are the extensions? Do extensions enable taxpayers to delay paying the tax...
-
Can tax-exempt income qualify as support? Explain.
-
Approximately 28 million people worldwide had paid subscriptions for digital music services in 2013. This was an increase from 8 million people in 2010. [3.7] Data: ifpi.org a) Graph the data and...
-
A critical patient needs to be transported by ground to the trauma center which is three and a half hours away. The patient is currently on a 12 liter per minute oxygen non-rebreathing mask. The...
-
1. Find the chromatic number of the following graphs and give the colour classes (colour class is the set of vertices with the same colour) D B 6 5 3 G H 2. Use the formula Pc(k) = Pc-(k)-PG/e(k) to...
Study smarter with the SolutionInn App