Ashford ACC 205 Week 3 Discussions

ACC 205 Week 3 Discussion 1

WEEK 3 D1Q:

Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate.

• How are periodic and perpetual inventory systems different?
• Why does a merchandising company prepare a cost of goods section for the income statement?
• Provide an example of a perpetual cost of goods section.

Note: This entire class includes an online quiz, discussions, assignments, course projects, and online exams.