Regarding a Periodic Inventory System,which of the Following Statements Is

question 164

Multiple Choice

Regarding a periodic inventory system,which of the following statements is incorrect?

• A) The periodic inventory system is normally used for relatively expensive goods.
• B) Restaurants and small retail stores normally use the periodic inventory system.
• C) Periodic inventory systems are becoming less and less popular.
• D) The physical count of inventory is required in order to determine the quantities on hand.

---

Definitions:

Spirituality And Religion

Aspects of human experience that involve beliefs, practices, and rituals related to the sacred or divine, often providing a framework for meaning and understanding in life.

Assessment Process

The systematic evaluation of an individual's characteristics, capabilities, or conditions, often to inform a diagnosis or plan of action.

Helping Process

A series of steps or interventions aimed at providing support or assistance to individuals, typically in a psychological or counseling context, to achieve personal growth or resolve issues.

Gender-Role Expectations

Societal norms dictating the behaviors, activities, and attributes considered appropriate for individuals based on their gender.