Accountıng I Deneme Sınavı Sorusu #1313807
I. Periodic inventory system
II. Perpetual inventory system.
III. Systematic inventory system.
Which of the statements above is/are among the inventory systems of merchandising companies?
|
Only I |
|
I and II |
|
II and III |
|
I and III |
|
I, II and III |
Yanıt Açıklaması:
Information on inventories is very important for merchandising companies, as most of their activities base on inventories. In accounting for inventories, these companies have two options:
a. Periodic inventory system and
b. Perpetual inventory system. The correct answer is B.
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