Question
A major drawback to the periodic inventory system is ______. Multiple choice question. the amount of inventory on hand and sold is unavailable during the
A major drawback to the periodic inventory system is ______. Multiple choice question. the amount of inventory on hand and sold is unavailable during the accounting period it is difficult to know the exact amount of purchases the need to use scanners in order for cost of goods sold to be determined it is difficult to maintain because inventory is updated after each sale
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Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
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