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The purchases journal is identical under both the periodic and the perpetual inventory systems.
Freedom Of Choice
The power or right to make one's own decisions without coercion or constraint.
Positive Freedom
The concept of freedom defined by the presence of capabilities and resources to fulfill one's own potential, emphasizing what individuals are free to do.
Determinism
The philosophical belief that all events, including moral choices, are completely determined by previously existing causes.
Predictability
The characteristic of a process, principle, or system that enables it to be known or declared in advance, especially through the application of scientific or logical techniques.
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