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A perpetual inventory system a. Determines inventory balances when a physical count is prepared b. Keeps inventory balances up to date on a real-time basis

A perpetual inventory system

a.

Determines inventory balances when a physical count is prepared

b.

Keeps inventory balances up to date on a real-time basis

c.

Determines inventory balances at year end

d.

Keeps inventory balances up to date monthly

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