Which of the Following Statements Is Not Correct

question 156

Multiple Choice

Which of the following statements is not correct?

• A)In a perpetual inventory system,the "cash register" at the store is a computer terminal that records sales and updates inventory records.
• B)Even in a perpetual inventory system,a business must count inventory at least one a year.
• C)Restaurants and small retail stores often use the periodic inventory system.
• D)In a periodic inventory system,merchandise inventory and purchasing systems are integrated with the records for Accounts Receivable and Sales Revenue.

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Definitions:

Experiences

Events or occurrences that an individual personally goes through, contributing to their knowledge, opinions, or emotions.

Environments

The surroundings or conditions in which a person, animal, or plant lives or operates, including natural, social, and built factors.

Genotype

The genetic makeup of an organism, consisting of the inherited alleles that dictate various biological characteristics.

Environment

The sum of all external conditions and influences affecting the life and development of an organism or group of organisms.