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Describe the difference between periodic and perpetual method of inventory. Is one method better than the other? Does the industry matter in this decision? (Be
Describe the difference between periodic and perpetual method of inventory. Is one method better than the other?
Does the industry matter in this decision? (Be sure to consider the advantages and disadvantages of each method.)
What is the cost flow assumption? What considerations should a company take when choosing one?
Does the industry matter in this decision? (Be sure to consider the advantages and disadvantages of each method.)
What is the cost flow assumption? What considerations should a company take when choosing one?
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
