When a Company Uses the Perpetual Inventory Method,it Should NOT

question 47

True/False

When a company uses the perpetual inventory method,it should NOT be necessary to conduct a physical count of inventory.

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Definitions:

Relational Database Model

Data model based on the simple concept of tables in order to capitalize on characteristics of rows and columns of data.

Two-Dimensional

Pertaining to an object or image that has width and height but no depth, often used in reference to graphics or shapes on a surface.

Tables

In the context of databases, tables are structures that organize data into rows and columns, allowing for efficient data management and retrieval.

Semi-Structured

Describes data that does not conform to a rigid structure but contains tags or markers to separate semantic elements and hierarchies of records and fields.