FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is an advantage of the perpetual accounting control method over the periodic count method? Select one: O a. A physical count

image text in transcribed
Which of the following is an advantage of the perpetual accounting control method over the periodic count method? Select one: O a. A physical count is not required. O b. It details of the number of items on hand is available. O c. The cost of operation is lower. d. Stock shortages are eliminated. Next page

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A History Of Auditing The Changing Audit Process In Britain From The Nineteenth Century To The Present Day

A History Of Auditing The Changing Audit Process In Britain From The Nineteenth Century To The Present Day

Authors: Derek Matthews

1st Edition

0415648343, 978-0415648349

More Books

Students also viewed these Accounting questions

Question

★★★★★
Find the mean, median and mode of the following numbers. What other measures can you use? 24 26 23 24 23 2427 26 28 25 21 22 25 23 2629 27 24 25 24 24 25

Answered: 1 week ago

Question

★★★★★
The March 27, 2007, edition of the Wall Street Journal has an article by Serena Ng and Karen Richardson titled How Borrowing Yields Dividends at Many Firms. Instructions Read the article and answer...

Answered: 1 week ago

Question

★★★★★
Which of the standards allows for a shortcut method that assumes perfect effectiveness for certain hedging relationships? a. IFRS b. U.S. GAAP c. FAS d. None of the above

Answered: 1 week ago

Question

★★★★★
Paul and Donna Decker are married taxpayers, ages 44 and 42, respectively, who file a joint return for 2017. The Deckers live at 1121 College Avenue, Carmel, IN 46032. Paul is an assistant manager at...

Answered: 1 week ago

Question

★★★★★
(A spreadsheet might be helpful on this problem.) The risk index of an investment can be obtained from return on investment (ROI) by taking the percentage of change in the value of the investment (in...

Answered: 1 week ago

Question

★★★★★
What is an assumption in hypothesis testing? Describe a specific assumption for attest for dependent means. What is the effect of violating this assumption? When is thettest for dependent means...

Answered: 1 week ago

Question

★★★★★
What is the overhead application rate per direct labor hour? * (1 Point) BREAD Co. uses a job order costing system. At the beginning of January, the company had 2 jobs in process with the following...

Answered: 1 week ago

Question

★★★★★
Feedback Print A 5 nC charge is located at the origin. What are the electric fields at the positions A = (10 cm, 0 cm), B = (-10 cm, 10 cm), and C = (-10 cm, -10 cm)? Write each electric field vector...

Answered: 1 week ago

Question

★★★★★
A History Achievement Test out of 80 points is administered to a Grade 10 class of 30 students. Their scores are randomly listed below. 78 46 61 49 58 61 64 58 55 80 40 52 78 55 63 55 49 59 64 58 53...

Answered: 1 week ago

Question

★★★★★
Compute the Adjusted R-Squared value for Model 1. Discuss why Adjusted R-squared and the R-squared values are different. Model 1 Let's consider the following R output for a regression model which we...

Answered: 1 week ago

Question

★★★★★
You are the IT administrator for a small corporate network. The company has a single Active Directory domain named CorpNet.local. You need to increase the domain's authentication security. You need...

Answered: 1 week ago

Question

★★★★★
C What aspects of the public speaking situation do you think a VRT simulation could effectively simulate?

Answered: 1 week ago

Question

★★★★★
A What type of accent do you have? How do you feel it is perceived by others from different regions in the United States or even abroad?

Answered: 1 week ago

Question

★★★★★
Many of us feel awkward when we hear our voices on a recording, but rather than feel uncomfortable, you should learn to embrace your speaking voice. What aspects of your vocal delivery are unique to...

Answered: 1 week ago

Previous Question Next Question