According to the Text, the Tone You Use, and the Actions

question 15

True/False

According to the text, the tone you use, and the actions and words you choose are all examples of encoding.

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Definitions:

Periodic Inventory Method

A method of inventory valuation where the cost of goods sold is determined at the end of an accounting period based on a physical count.

Voucher System

A control mechanism in accounting that uses vouchers to record transactions and ensure that every payment is properly authorized.

Net Method

Refers to an accounting practice of recording purchases or sales of inventory after all discounts have been applied, showing the net amount as the transaction value.

Purchases Discount

A deduction from the stated purchase price, often granted to encourage early payment or bulk buying.