Because Many Companies Use Computerized Accounting Systems, Periodic Inventory Is

question 196

True/False

Because many companies use computerized accounting systems, periodic inventory is widely used.

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Definitions:

Auto

Refers generally to automobiles or the automation of systems, indicating self-operation or control of devices without direct human intervention.

Distribution

The process of distributing electrical energy from the transmission system to the end users or consumers effectively.

Isolation

The process or condition of separating or being separated from a system or environment, often for safety, such as electrical isolation to prevent shock.

Turns Ratio

The ratio of the number of turns in the primary winding of a transformer as compared to the turns of wire in the secondary winding.