Which of the Following Statements Is True Under the Periodic

question 33

Multiple Choice

Which of the following statements is true under the periodic inventory method?

• A) Freight-In is subtracted from purchases in order to derive net purchases
• B) Freight-In is added to purchases in order to derive net purchases
• C) Freight-In is used only with the perpetual inventory method, not with the periodic inventory method
• D) Freight-In is neither subtracted nor added to purchases in order to derive net purchases

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Definitions:

-us

A morphological ending in Latin or Greek used in medical terminology, typically indicating a masculine singular noun.

-ole

A suffix used in chemistry to denote a smaller or lesser compound, often used in naming molecules.

-plegia

A suffix denoting paralysis or a stroke affecting a specified part of the body.

-rrhea

A suffix used in medical terminology to denote a discharge or flow of substances, such as diarrhea.