______________is one that tracks all inventory purchases and sales directly in the accounting records through enterprise assets management software. a. Periodic inventory system b. First in First out method c. Last in First out method d. Perpetual inventory system Clear my choice

What is the inventory system called that continuously discloses the amount of inventory? Group of answer choices physical perpetual retail periodic

Question 12 Which report shows the book (purchase or cost) value of inventory items with quantity on hand? Product/Service List O Transaction List by Inventory Item Sales by Product/Service Summary O Inventory Valuation Summary (or Detail)

When using QBO time tracking, you can record: Multiple Choice Time billable to a specific vendor Time billable to a specific customer How many shipments of inventory items were received Number of purchase orders from each supplier

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The Inventory module window has journal icons for Select one: O a. inventory sales and inventory purchases b. item assembly and inventory adjustments O c. inventory sales and inventory adjustments O d. all of the above Show Transcribed Text You should use the adjustments journal to record - Select one: O a. adjustments to inventory purchase prices from the supplier as an allowance for damages O b. adjustments to inventory sale prices to customers as an allowance for damages c. adjustments to inventory in stock for damaged goods O d. all of the above

2.The __________ method and the __________ method are the two common approaches to record inventory in financial statements.