Business, 19.09.2019 05:10 radcon8099

Which of the following is a true statement about inventory systems? a)periodic inventory systems require more detailed inventory records. b)perpetual inventory systems require more detailed inventory records. c)a periodic system requires cost of goods sold be determined after each sale. d)a perpetual system determines cost of goods sold only at the end of the accounting period.

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Which of the following is a true statement about inventory systems? a)periodic inventory systems req...

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