Question: Question 1 a There are two main approaches to inventory - the perpetual continuous and the periodic/physical system. Explain each. What would be the advantages

Question 1 a There are two main approaches to inventory - the perpetual continuous and the periodic/physical system. Explain each. What would be the advantages of each, and why might you have a preference for one over the alternative system? b C If we undertake a physical stocktake at balance day when we adopt a perpetual inventory system what is the advantage

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