Question: Multiple Choice Question What accounting system involves making a record of every purchase and every sale, and maintaining a continuous record of the quantity and

Multiple Choice Question

What accounting system involves making a record of every purchase and every sale, and maintaining a continuous record of the quantity and cost of each item of inventory?

Perpetual inventory system

Weighted

-

average cost flow alternative

Specific identification cost flow alternative

Periodic inventory system

Multiple Choice Question What accounting system involves making a record of

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