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You're opening a small toy store and plan to use QuickBooks Online to keep track of the business transactions and provide reports. Address both the

You're opening a small toy store and plan to use QuickBooks Online to keep track of the business transactions and provide reports.

Address both the below questions in your initial post based on the scenario above:

  • Identify three decisions about inventory you would need to make during the first year being in business.
  • What type of information would you want or need to have available from your accounting information system to help you make each of those decisions.

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