Ia periodic system, the cost of merchandise inventory is determined by what ( ) · The cost of merchandise ohand is determined by relating the quantities ohand (as determined by a physical count) to records showing each item’s original cost. · Recording the cost of new merchandise ithe purchases account. · Reconciling the accounts for shrinkage. · By maintaining up-to-date records.
答案是:单选题 · The cost of merchandise on hand is determined by relating the quantities on hand (as determined by a physical count) to records showing each item’s original cost.