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QUESTION TWO 2.1 Differentiate between the perpetual inventory system and the periodic inventory system (3) 2.2. List four (4) elements of financial statements (4) 2.3

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QUESTION TWO 2.1 Differentiate between the perpetual inventory system and the periodic inventory system (3) 2.2. List four (4) elements of financial statements (4) 2.3 List and briefly discuss four (4) types of controls relating to Internal Control. (8)

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