Under a Perpetual Inventory System

question 4

Multiple Choice

Under a perpetual inventory system

• A) there is no need for a year-end physical count.
• B) increases in inventory resulting from purchases are debited to Purchases.
• C) accounting records continuously disclose the amount of inventory.
• D) the account Purchase Returns and Allowances is credited when goods are returned to vendors.

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Definitions:

Cochlear Implant

A medical device that bypasses damaged structures in the inner ear and directly stimulates auditory nerve fibers to provide a sense of sound to individuals who are profoundly deaf or severely hard-of-hearing.

Hair Cells

Sensory cells located in the inner ear that are responsible for translating sound vibrations into electrical signals for hearing.

Proprioceptive Feedback

Sensory information received from muscles and tendons about body position and limb movement.

Place Theory

A theory in hearing that suggests different areas of the cochlea respond to different frequencies, enabling the perception of pitch.