Which of the Following Does NOT Correctly Describe a Periodic

question 37

Multiple Choice

Which of the following does NOT correctly describe a periodic inventory system?

• A)Cost of goods sold is calculated every time a sale is made.
• B)Cost of goods sold is a residual amount.
• C)Assuming a FIFO cost flow, cost of goods sold would equal those that calculated by the perpetual system.
• D)Inventory and cost of goods sold must be updated at the end of the period.

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Definitions:

SSID Broadcast

The process of continuously broadcasting the name of a wireless network, making it visible to devices searching for Wi-Fi connections.

Security Protocols

Rules and algorithms designed to protect data and communications over networks, ensuring confidentiality, integrity, and authentication.

Network Name

The identifier given to a network, allowing users to distinguish and connect to it, commonly used in Wi-Fi networks.

Packets

Small segments of data transmitted over a network, encapsulating the data being sent along with control information.