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Bidbid government school acquires inventory monthly from vendors after authorization from the ministry of education. Stores manager of a government school recognizes its inventory like
Bidbid government school acquires inventory monthly from vendors after authorization from the ministry of education. Stores manager of a government school recognizes its inventory like stationery and other supplies for school staff based on monthly usage in the school. This method of recognizing inventory is an example of
a-Purchase method
b-Periodic purchases method
c-Perpetual inventory method
d-Consumption method
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