Which of the Following Statements Is NOT Correct

question 254

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:

Tranquilizers

Medications used to reduce tension or anxiety, often affecting the central nervous system to induce relaxation.

Barbiturates

A class of drugs that act as central nervous system depressants and are used as sedatives, anesthetics, or anticonvulsants.

Amphetamines

A class of stimulant drugs that affect the central nervous system, often used to treat conditions like ADHD but also prone to abuse and addiction.

Alcohol Use Disorder

A health disorder marked by a lacking capacity to cease or manage alcohol consumption in spite of negative effects on social, work, or physical well-being.