Match Each Description to the Appropriate Inventory System (A or B).​

question 99

Multiple Choice

Match each description to the appropriate inventory system (a or b) .​
-Average cost is rarely used with this system.

• A)Perpetual
• B)Periodic

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Definitions:

Statement of Activities

A financial report mostly used by non-profit organizations, displaying revenues, expenses, and changes in net assets for a specific period.