Which of the following is TRUE about a merchandising company?

Question

TuteeHUB · Accepted Answer

A merchandising company must use the perpetual system to account for merchandising inventory.

TuteeHUB · Answer

A merchandising companys business is to buy and sell products.

TuteeHUB · Answer

A merchandising companys business is to provide services.

TuteeHUB · Answer

None of the given options

1.	Which of the following is TRUE about a merchandising company?
A.	A merchandising companys business is to buy and sell products.
B.	A merchandising company must use the perpetual system to account for merchandising inventory.
C.	A merchandising companys business is to provide services.
D.	None of the given options
Answer» B. A merchandising company must use the perpetual system to account for merchandising inventory.

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