If a Merchandiser Uses the Periodic Inventory System,it Is Necessary

question 261

True/False

If a merchandiser uses the periodic inventory system,it is necessary to conduct a physical count of inventory to determine the quantity of inventory on hand.

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Definitions:

Psychophysical Study

The branch of psychology that deals with the relationships between physical stimuli and their subjective perception or psychological effects.

Absolute Threshold

The minimum stimulus intensity that an organism can detect at least 50% of the time, a concept used in sensory psychology.

Brightness

The perception of how luminous an object appears, influenced by the object's illumination and the contrast with its surroundings.

Perceptual Set

A mental predisposition to perceive one thing and not another, influenced by expectations, emotions, and experiences.