Advantages over the periodic count method, Accounting Basics

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Advantages over the periodic count method

The perpetual accounting control method has which of the following advantages over the periodic count method?

A. A physical count is not required.

B. Stock shortages are eliminated.

C. Cost of operation is lower.

D. Details of the number of items on hand are available.

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Accounting Basics: Advantages over the periodic count method

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Advantages over the periodic count method

Reference No:- TGS038077

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Yield to maturity on bond

Q : Examine the theories and practicalities

Q : Firm percentage ownership interest

Q : Monthly payment needed to amortize

Q : Advantages over the periodic count method

Q : Borrowing costs and maximize flexibility

Q : Gross profit for the year

Q : How much money in dollars will that be at exchange rate

Q : Financial firms-financial crisis

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Advantages over the periodic count method

Reference No:- TGS038077

Recent Questions Asked Accounting Basics

Q : Yield to maturity on bond

Q : Examine the theories and practicalities

Q : Firm percentage ownership interest

Q : Monthly payment needed to amortize

Q : Advantages over the periodic count method

Q : Borrowing costs and maximize flexibility

Q : Gross profit for the year

Q : How much money in dollars will that be at exchange rate

Q : Financial firms-financial crisis

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