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Accounting hw Which of the following statements is true? Oa. There is no difference in cost to implement a perpetual as compared to a periodic

Accounting hw

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Which of the following statements is true? Oa. There is no difference in cost to implement a perpetual as compared to a periodic system. Ob. The perpetual system eliminates the need for an annual inventory count. Oc. Inventory losses can be identified and controlled better under the perpetual system. Od. Inventory can only be sold at the end of an accounting period under the periodic system

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