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Even in a Perpetual Inventory System That Updates the Inventory

question 118

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Even in a perpetual inventory system that updates the inventory account as and when transactions occur,the business must count its inventory at least once in a year.


Definitions:

Unconditional Reinforcement

A form of reinforcement in operant conditioning that is given consistently every time a desired response is made.

Unconditioned Response

An automatic, natural reaction to a stimulus that does not depend on prior learning.

Meat Powder

A processed product made from dried and powdered meat, used as a flavoring or nutritional supplement.

Unconditioned Response

A natural, unlearned reaction to an unconditioned stimulus that occurs without previous conditioning.

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