The Primary Difference Between a Periodic and Perpetual Inventory System

question 165

Multiple Choice

The primary difference between a periodic and perpetual inventory system is that a

• A) periodic system determines the inventory on hand only at the end of the accounting period
• B) periodic system keeps a record showing the inventory on hand at all times
• C) periodic system provides an easy means to determine inventory shrinkage
• D) periodic system records the cost of the sale on the date the sale is made

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Definitions:

Eccrine Sweat Glands

Specialized sweat glands that help regulate body temperature through the release of a water-based secretion.

Watery Sweat

Sweat that is more liquid in consistency, often produced in higher volumes in response to heat, exercise, or stress.

Sweat With A High Amount Of Protein

Sweat that contains an unusually high concentration of proteins, which could indicate a medical condition.

Puberty

The phase of human development during which children mature sexually and reach reproductive capability.