Accountıng I Deneme Sınavı Sorusu #1233879

What is the name of the system which relies upon physical count of the inventory to determine the ending inventory balance and cost of goods sold?


Perpetual Inventory System

Inventory Cost Flow

Specific Identification Method

Average Cost Method

Periodic Inventory System


Yanıt Açıklaması:

Periodic Inventory System is an inventory system which relies upon physical count of the inventory to determine the ending inventory balance and cost of goods sold.

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