Under GAAP companies can choose which inventory system?
$\begin{array} { l l l }
& \text { Perpetual } & \text { Periodic } \\end{array}$
A)$\begin{array} { l l l } & & \text { Yes } &&& \text { No } \\end{array}$
B) $\begin{array} { l l l } && \text { Yes } &&& \text { Yes } \\end{array}$
C)$\begin{array} { l l l } && \text { No } &&& \text { Yes } \\end{array}$
D)$\begin{array} { l l l } && \text { No } &&& \text { No }
\end{array}$

Question

Under GAAP companies can choose which inventory system? 
$\begin{array} { l l l } 
& \text { Perpetual } & \text { Periodic } \\end{array}$
A)$\begin{array} { l l l } & & \text { Yes } &&& \text { No } \\end{array}$
B) $\begin{array} { l l l } && \text { Yes } &&& \text { Yes } \\end{array}$
C)$\begin{array} { l l l } && \text { No } &&& \text { Yes } \\end{array}$
D)$\begin{array} { l l l }  && \text { No } &&& \text { No }
\end{array}$

Quizplus · Accepted Answer

The Answer of Under GAAP companies can choose which inventory system? 
$\begin{array} { l l l } 
& \text { Perpetual } & \text { Periodic } \\end{array}$
A)$\begin{array} { l l l } & & \text { Yes } &&& \text { No } \\end{array}$
B) $\begin{array} { l l l } && \text { Yes } &&& \text { Yes } \\end{array}$
C)$\begin{array} { l l l } && \text { No } &&& \text { Yes } \\end{array}$
D)$\begin{array} { l l l }  && \text { No } &&& \text { No }
\end{array}$

Under GAAP Companies Can Choose Which Inventory System Perpetual Periodic \begin{array} { l l l } & \text { Perpetual } & \text { Periodic } \\\end{array}​ Perpetual ​ Periodic ​

Under GAAP Companies Can Choose Which Inventory System $\begin{array} { l l l } & \text { Perpetual } & \text { Periodic } \\\end{array}$