Which of the following is an advantage of the periodic inventory system? A. Frequent physical inventory counts
Question:
Which of the following is an advantage of the periodic inventory system?
A. Frequent physical inventory counts
B. Cost prohibitive
C. Time consuming
D. Real-time information for managers
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Step 1 When a physical inventory count is performed a periodic inventory system just updates the ...View the full answer
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Related Book For 
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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