There Is No Need to Take a Physical Count of Inventory

question 92

True/False

There is no need to take a physical count of inventory periodically when the perpetual inventory system is used.

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Definitions:

Social Stratification

describes the hierarchical arrangement of individuals in society based on wealth, power, race, education, ethnicity, gender, and other factors.

Archaic

Pertaining to an earlier period of time, often used to describe ancient civilizations or outdated language.

Mesolithic

The Middle Stone Age of Europe, Asia, and Africa beginning about 12,000 years ago.