Companies Cannot Use the

question 95

Multiple Choice

Companies cannot use the

• A)periodic inventory system under GAAP.
• B)periodic inventory system under IFRS.
• C)perpetual system under IFRS.
• D)both periodic and perpetual can be used under GAAP and IFRS.

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Definitions:

Class Type

Another term for a data type defined by a programmer through a class, specifying the operations that can be performed and how data is stored.

Reference

In programming, it is a value that enables a program to indirectly access a particular datum, such as a variable or a structure, in the memory.

Privacy Leak

The unauthorized disclosure of personal or confidential information from a digital system to an unintended audience.

Private Modifier

A keyword in programming that restricts access to members of a class (such as methods or variables) to the class itself.