Question: Multiple Select Question Select all that apply In a periodic system, for Cost of Goods Sold to be updated, which of the following must occur?

Multiple Select Question Select all that apply In a periodic system, for Cost of Goods Sold to be updated, which of the following must occur? (Check all that apply.) Compute Cost of Goods Sold sold by subtracting Ending Inventory from Goods Available for Sale. Take a physical count of inventory. Nothing has to be done. Cost of Goods Sold sold is kept up to date each time a product is sold

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