What is the main distinction between perpetual and periodic inventory systems? Which type of system provides better

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What is the main distinction between perpetual and periodic inventory systems? Which type of system provides better internal control over inventory? Explain why.

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Nov 02, 2015 05:38 AM

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What is the main distinction between perpetual and periodic inventory systems? Which type of system provides better

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In a perpetual inventory system the inventory records show the number of units and costs o...View the full answer

Fundamentals of Financial Accounting

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