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Is it necessary to do a physical count of inventory if the company is using a perpetual system? Why or why not? What sort of

Is it necessary to do a physical count of inventory if the company is using a perpetual system? Why or why not? What sort of company would likely use a perpetual system? What sort of company would likely use a periodic system? (Provide specific examples).

Please provide one main post and two additional peer interactions. Your main post must be a minimum of 200 words

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