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:

Ancient Species

A term usually referring to species that have existed on Earth for a very long time and may either be extinct or have modern descendants.

Laurasia

Laurasia refers to the northernmost of two supercontinents (the other being Gondwana) that formed part of the Pangaea supercontinent in late Paleozoic and early Mesozoic times.

Continental Structure

The geological configuration and constituents of continents, including the crust, mantle shelf areas, and tectonic activities.

Pangea

A supercontinent that existed during the late Paleozoic and early Mesozoic eras, assembling all the earth's landmasses into one single landform.