Under the Periodic Inventory System,which of the Following Amounts Will

question 85

Multiple Choice

Under the periodic inventory system,which of the following amounts will always stay the same regardless of the inventory valuation method used?

• A) ending merchandise inventory
• B) cost of goods sold
• C) gross profit
• D) net purchases

---

Definitions:

Adaptive Decision Making

A process of making choices by altering decisions based on new information or changing environments.

SDLC

Stands for Software Development Life Cycle, a process framework used to develop software in a systematic and cost-effective way, encompassing phases from initial planning to maintenance.

Development

The process of planning, creating, testing, and deploying an application or software, which can also refer to personal, economic, or social progress.

Design

The process of envisioning and planning the creation of objects, systems, or interactive experiences to fulfill certain functions or address specific needs.