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9.The following amounts are always known under which inventory costing system Current inventory, Cost of goods sold, Inventory shrinkage Periodic Periodic Perpetual Perpetual Perpetual

  

9.The following amounts are always known under which inventory costing system Current inventory, Cost of goods sold, Inventory shrinkage Periodic Periodic Perpetual Perpetual Perpetual Periodic Perpetual Perpetual Perpetual Periodic Periodic Periodic Question 10 (1 point) A major consideration for a company when selecting a supplier is supplier location Oonline presence company profitability O inventory valuation Question 11 (1 point) Which of the following would most likely use a periodic inventory system? car dealership heavy metal distributor computer dealership local handcrafted furniture store Question 12 (1 point) An inventory of grocery items where the shelves are stocked from the back would be similar to which cost formula? O FIFO specific identification weighted-average none of the above

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1 A Periodic periodic perpetual The periodic inventory system uses an occasional physical count to measure the level of inventory and the cost of good... blur-text-image

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