Question
when accounting for a merchandising business which of the following is true? a. Whole salers must use the periodic inventory system; retailers may use either
when accounting for a merchandising business which of the following is true?
a. Whole salers must use the periodic inventory system; retailers may use either the perpetual or periodic inventory system
b.Retailers must use the perpetual inventory system
c. Whole salers must use the periodic inventory system
d. Retailers and whole salers may use either the perpetual or periodic inventory system.
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Uniform Administrative Requirements Cost Principles And Audit Requirements For Federal Awards A Handbook For Institutions Of Higher Education And State And Local Governments
Authors: Andrew Shepard-Smith
1st Edition
1505298482, 978-1505298482
