Business, 26.03.2020 20:16 kaileyy06

Which of the following statements is not correct? A. In a perpetual inventory system, the "cash register" at the store is a computer terminal that records sales and updates inventory records. B. In a periodic inventory system, merchandise inventory and purchasing systems are integrated with the records for Accounts Receivable and Sales Revenue. C. Even in a perpetual inventory system, a business must count inventory at least one a year. D. Restaurants and small retail stores often use the periodic inventory system.

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Which of the following statements is not correct? A. In a perpetual inventory system, the "cash regi...