How Does a Perpetual Inventory System Differ from a Periodic

question 90

Multiple Choice

How does a perpetual inventory system differ from a periodic system?

• A)Sales are increased only at the end of the accounting period in a perpetual system.
• B)Cost of goods sold is increased only after an inventory count in a perpetual system.
• C)Inventory is reduced after each sale in a perpetual system.
• D)Inventory is increased after each sale in a periodic system.

---

Definitions:

Mediator

An impartial individual or entity that intervenes in disputes or negotiations to facilitate an agreement or reconciliation between parties in conflict.

Spokesperson

An individual designated to speak on behalf of a company, organization, or group, responsible for communicating its messages to the public or specific audiences.

Enabler

An individual or tool that facilitates the achievement of an objective or the solving of a problem.

Social Control

Mechanisms, strategies, and practices employed by society to regulate behavior and ensure conformity to norms and regulations.