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Which one of the following statements concerning periodic and perpetual inventory systems is correct? Question 10 options: Periodic systems provide better control over inventories Perpetual

Which one of the following statements concerning periodic and perpetual inventory systems is correct? Question 10 options: Periodic systems provide better control over inventories Perpetual systems record cost of goods sold at the end of each accounting period Perpetual systems dont maintain a detailed record of inventory on hand Periodic systems indirectly calculate the cost of goods sold

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