Which of These Is a Not a Limitation of the Use

question 21

Multiple Choice

Which of these is a not a limitation of the use of a periodic inventory system by a manufacturer?

• A) Costing information is not available before the end of the accounting period.
• B) A physical stocktake is necessary before costing information can be determined.
• C) The costing information contains estimations and approximations.
• D) The method is more costly to implement than the perpetual method.

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Definitions:

Physical Arousal

A physiological response of the body to a stimulus, resulting in increased physical activity and alertness, often associated with sexual or emotional stimuli.

Cognitive Interpretation

a mental process that involves understanding and assigning meaning to perceptions, sensations, and information.

Schachter and Singer

Two psychologists known for their theory on emotion, suggesting that physiological arousal is interpreted in the context of the environment to produce the emotional experience.

Physical Arousal

A physiological response of the body to sexual attraction or excitement, involving increased blood flow, heart rate, and erection or lubrication.