Under the Periodic Inventory System,a Physical Inventory Count Is Taken

question 6

True/False

Under the periodic inventory system,a physical inventory count is taken to determine the cost of the inventory on hand and the cost of the merchandise sold.

---

Definitions:

Different Font Sizes

The use of varying sizes of typography in a document or presentation to enhance readability, emphasize importance, or create visual interest.

Action Verbs

Verbs that express specific, dynamic actions, often used in resumes and professional writing to convey effective execution of tasks.

Short, Concrete Nouns

Brief, specific words that name tangible objects, people, or places.

Gerund

A form that is derived from a verb but functions as a noun in a sentence, typically ending in "ing" in English.