Question: A periodic inventory system: A. is used when inventory cannot be controlled by visual inspection. B. is used for small, low value items. C. is

 A periodic inventory system: A. is used when inventory cannot be

A periodic inventory system: A. is used when inventory cannot be controlled by visual inspection. B. is used for small, low value items. C. is used for inexpensive goods. D. keeps a running record of inventory on hand

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