In a Periodic Inventory System, Cost of Goods Sold Is

question 161

True/False

In a periodic inventory system, cost of goods sold is determined by subtracting the ending inventory from the cost of goods available for sale.

---

Definitions:

Nocturia

Having to void at night.

Urinary System

The organ system responsible for producing, storing, and eliminating urine.

Void

(1) To pass urine from the urinary bladder; to make ineffective or invalid; (2) By writing VOID across the front of a check it “disables” the check so it cannot be used.

Salpingitis

An inflammation of the fallopian tubes, which can be caused by infection and may lead to infertility if left untreated.