Which of the Following Statements Is True

question 145

Multiple Choice

Which of the following statements is true?

• A)Inventory losses can be identified and controlled better under the perpetual system.
• B)Inventory can only be sold at the end of an accounting period under the periodic system.
• C)There is no difference in cost to implement a perpetual as compared to a periodic system.
• D)The perpetual system eliminates the need for an annual inventory count.

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Definitions:

Brain Activity

The functionality and processes executed by the brain, including neural activity, as measured by various techniques such as fMRI or EEG.

Respiration

The biochemical process of exchanging gases between an organism and its environment, involving inhalation of oxygen and exhalation of carbon dioxide.

Two-factor Theory

A theory that proposes that emotions are based on physiological arousal and cognitive labeling of the cause of that arousal.

James-Lange Theory

A theory suggesting that emotions result from the perception of bodily reactions to an event.