Under a Periodic Inventory System

question 31

Multiple Choice

Under a periodic inventory system,

• A)purchases of inventory are debited to the Purchases account.
• B)freight incurred on merchandise purchases by the buyer should be debited to the Inventory account.
• C)purchases of merchandise are usually credited to the Purchases account.
• D)freight incurred on merchandise sales by the seller should be debited to the Freight In account.

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Definitions:

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention. In classical conditioning, it becomes associated with an unconditioned stimulus.

Classical Conditioning

A learning process where a naturally occurring stimulus is paired with a response. Over time, this response becomes conditioned to the stimulus.

Air Horn

A pneumatic device designed to create an extremely loud noise for the purposes of signaling or attracting attention, commonly used in sports events and emergencies.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention, used in classical conditioning experiments.