Question: 1. 18: Received a $600 allowance from Suarez Diamonds for damaged but usable goods Periodic inventory system, Perpetual inventory system, or Both? a. Normally used

1. 18: Received a $600 allowance from Suarez Diamonds for damaged but usable goods Periodic inventory system, Perpetual inventory system, or Both? a. Normally used for relatively inexpensive goods. b. Keeps a running computerized record of merchandise inventory. c. Achleves better control over merchandise inventory. d. Requires a physical count of inventory to determine the quantities on hand. e. Uses bar codes to keep up-to-the-minute records of inventory

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