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15. A Periodic Inventory system will include all of the following except: 2. No detailed records of the inventory are maintained during the accounting period.

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15. A Periodic Inventory system will include all of the following except: 2. No detailed records of the inventory are maintained during the accounting period. b. Inventory figure is accurate only on the balance sheet date. C. It is less costly to maintain but may lead to lost sales. d. Continuous records are kept of the cost of individual items as they are bought and sold

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