A Business Using the Perpetual Inventory System, with Its Detailed

question 69

True/False

A business using the perpetual inventory system, with its detailed subsidiary records, does not need to take a physical inventory.

---

Definitions:

Mitochondria

Membrane-bound organelles found in the cytoplasm of eukaryotic cells, involved in producing energy through the process of oxidative phosphorylation.

Lysosomes

Lysosomes are membrane-bound organelles that contain enzymes used for digesting macromolecules, old cell parts, and foreign invaders.

Lysosomes

Organelles in cells containing enzymes that break down waste materials and cellular debris.

Intracellular Support

Structural elements within a cell that maintain its shape, offer mechanical support, and facilitate movement, encompassing components like the cytoskeleton.