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

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

jamb 2010 accounting

The correct answer is A. updated at the end of the accounting year

In accounting, a financial period is calculated on a yearly basis. Accounts are prepared at the end of the year

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