A Physical Count Would Be Necessary at the End of the Accounting

question 65

Multiple Choice

A physical count would be necessary at the end of the accounting period under which inventory system?

• A) Periodic inventory system
• B) Perpetual inventory system
• C) Both periodic and perpetual inventory systems
• D) Neither periodic nor perpetual inventory systems

---

Definitions:

Passing

The ability of an individual to be regarded as a member of an identity group or category different from their own, often used within the contexts of gender, race, or social status.

Disclosure

The action of making new or secret information known.

Professionalism

characterizes the conduct, aims, or qualities that define or mark a profession or professional person, often involving competence, ethical behavior, and adherence to standards.

Homosexual Workers

Employees who identify as homosexual, focusing on their experiences, challenges, and rights in the workplace.