When the Periodic Inventory System Is Used,a Physical Inventory Should

question 168

True/False

When the periodic inventory system is used,a physical inventory should be taken at the end of the fiscal year.

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Definitions:

Malicious Code

Program or script designed to harm or exploit any programmable device, service, or network, often for damaging or stealing data.

Pharming

A cyberattack intended to redirect a website's traffic to another, fraudulent website without the user's consent or knowledge.

Phishing

A cyber attack that uses disguised email as a weapon to trick the recipient into believing that the message is something they want or need.

Virus Signature

A portion of the virus code that’s unique to a particular computer virus and that makes it identifiable by antivirus software.