Match Each Description to the Appropriate Inventory System (A or B).​

question 128

Multiple Choice

Match each description to the appropriate inventory system (a or b) .​
-When using this system, a physical inventory is necessary to determine cost of merchandise sold.

• A)Perpetual
• B)Periodic

Understand the importance of communication and negotiation in establishing goals and contracts with clients.

Recognize the significance of evaluating planning strategies, including the pros and cons of potential interventions.

Acknowledge the value and limitations of oral, written, and implicit contracts in social work practice.

Understand the mechanisms and implications of stock repurchases for distributing excess cash.

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Definitions:

Consumer Packaged-goods

Products that are sold in a packaged form, which consumers use up and replace on a frequent basis.

Exclusive Distribution

Strategy in which only selected retailers can sell a manufacturer’s brand.

Retailing

The set of business activities that add value to products and services sold to consumers for their personal or family use; includes products bought at stores, through catalogs, and over the Internet, as well as services like fast-food restaurants, airlines, and hotels.

Daisy Brand

A company known for its dairy products, especially sour cream and cottage cheese, emphasizing quality and natural ingredients.