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ACCOUNTING

JAMB 2010 - Question 19

Account 2010 JAMB Past Questions - Question 19: If an organization maintains a periodic stock system, the stock quantities are

Choose the most appropriate option for the gap .

If an organization maintains a periodic stock system, the stock quantities are

A: updated at the end of the accounting year

B: not considered in the updating process

C: updated continuously

D: updated at the beginning of the accounting year.

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ACCOUNTING

Account 2010 JAMB Past Questions - Question 19: If an organization maintains a periodic stock system, the stock quantities are

Examkit's JAMB CBT App

Correct Answer

Explanation