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The perpetual inventory system is traditionally used with
merchandise with a high unit value.
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Which inventory system will likely be used by a company with
merchandise that has a high unit value?
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Single entry inventory system
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Perpetual inventory system
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Periodic inventory system
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Double entry inventory system
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Since this ratio is significantly greater than 1, it suggests
the use of the most conservative accounting techniques.
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Given the following quality of earnings ratios, which suggests the
company may be using the most conservative accounting techniques?
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0.6
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1.0
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1.8
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0.2
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