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Which of the following inventory systems treats purchases of inventory as an expense at the time of purchase?Question 1 4 Select one:a . Periodic inventoryb.Perpetual

Which of the following inventory systems treats purchases of inventory as an expense at the time of purchase?Question

14

Select one:a

.

Periodic inventoryb.Perpetual inventoryc.Specific identificationd.Both periodic and perpetual inventorye.Neither periodic nor perpetual inventory

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