MCQOPTIONS
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| 1. |
For a company that uses a periodic inventory system, which of the following is true? |
| A. | inventory is counted only at specific time intervals |
| B. | the order is for a fixed quantity which minimizes inventory costs |
| C. | the inventory system is also referred to as a perpetual inventory system |
| D. | the company is using a fixed-order-quantity system |
| Answer» B. the order is for a fixed quantity which minimizes inventory costs | |