A Company Would Be More Likely to Know the Amount

question 80

True/False

A company would be more likely to know the amount of inventory on hand if it used the perpetual inventory system rather than the periodic inventory system.

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Definitions:

Electronic Communication

The transfer of information using electronic technologies including email, text messages, and social media platforms.

Videoconferencing

A technology that allows people in different locations to hold face-to-face meetings without having to move to a single location physically.

Telephone Conversation

A spoken communication between two or more people using telephones, enabling them to have a real-time dialogue over a distance.

Nonverbal Communication

The process of conveying a message without the use of words, through gestures, facial expressions, posture, and other physical behaviors.