Examlex
Which of the following accounts is used in the periodic inventory system but not used in the perpetual inventory system?
Flexible Benefit Plan
A benefits program allowing employees to choose from a range of benefits options, tailoring their package to meet personal needs.
Limitations
The restrictions or boundaries that define the scope or extent of something's capabilities or applications.
Employee Choice
The degree to which employees have the freedom to make decisions about their job or working conditions.
Record Keeping
The systematic process of organizing and maintaining information or data for future reference.
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