Which Factor Has Removed Most of the Practical Limitations Associated

question 114

Multiple Choice

Which factor has removed most of the practical limitations associated with use of the perpetual inventory system?

• A) a more honest work force
• B) recent changes in generally accepted accounting principles
• C) advancements in technology
• D) recent changes in federal and state laws

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Definitions:

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Looking-Glass Self

The idea that people’s conception of self arises through reflection about their relationship to others.

Identity

The way in which individuals see and define themselves, shaped by personal, social, and cultural factors.

Social Definitions

The process by which society identifies and categorizes aspects of the world, including behaviors, roles, and expectations.