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Business, 31.03.2020 22:54 edgartorres5123

Which of the following statements is correct?

a. A periodic inventory system computes cost of goods sold each time a sale occurs.
b. A perpetual inventory system computes cost of goods sold only at the end of the accounting period.
c. A periodic inventory system provides better control over inventories than does a perpetual inventory system.
d. A perpetual inventory system provides better control over inventories than does a periodic inventory system.

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Which of the following statements is correct?

a. A periodic inventory system computes co...
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