It Is Important to Physically Count Inventory,at Least Periodically,even in a Perpetual

question 53

True/False

It is important to physically count inventory,at least periodically,even in a perpetual inventory system.

---

Definitions:

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, expressed as an annual rate.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often used as an indicator of interest rate risk.

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, including all payments of interest and principal.

Semi-Annually

This term describes events or processes, such as interest payments or calculations, that occur twice a year.