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For each statement below, identify whether the statement applies to the periodic inventory system, the perpetual inventory system, or both. a. Normally used for relatively

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For each statement below, identify whether the statement applies to the periodic inventory system, the perpetual inventory system, or both. a. Normally used for relatively inexpensive goods. Keeps a running computerized record of merchandise inventory. C. Achieves better control over merchandise inventory. d. Requires a physical count of inventory to determine the quantities on hand e. Uses bar codes to keep up-to-the-minute records of inventory

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