Answer:
a.periodic system determines the inventory on hand only at the end of the accounting period
TRUE under perpetual method, the company know pretty on a daily basis how much inventory is in their existences.
While periodic system will only determinate this near year-end or end-of-the-month if needed
Explanation:
c.periodic system keeps a record showing the inventory on hand at all times
d.periodic system records the cost of the sale on the date the sale is made
FALSE. As the periodic system will determinate inventories valaution at year-end or end-of-the-month
