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Which of the following is NOT an advantage of the perpetual inventory system over the periodic inventory system? (Please explain answer) a. The perpetual inventory

Which of the following is NOT an advantage of the perpetual inventory system over the periodic inventory system? (Please explain answer) a. The perpetual inventory system discloses inventory losses b. The perpetual inventory system provides a continuous record of cost of sales c. The perpetual inventory system is less costly to maintain. d. The perpetual inventory system provides better control of the asset inventory.

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