Question: Identify the correct statements about a perpetual inventory system. Multiple select question. The system can be programmed to reorder items automatically from suppliers. There is

Identify the correct statements about a perpetual inventory system. Multiple select question. The system can be programmed to reorder items automatically from suppliers. There is no longer any need to physically count the actual quantities of inventory on hand. Cost is determined when the item is sold. Point-of-sale technologies such as standard bar code scanners are incorporated into this type of inventory system

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