Question: Question 3 The primary difference between a periodic and perpetual inventory system is that a periodic system determines the inventory on hand only at the

Question 3
The primary difference between a periodic and perpetual inventory system is that a
periodic system determines the inventory on hand only at the end of the accounting period
periodic system keeps a record showing the inventory on hand at all times
periodic system provides an easy means to determine inventory shrinkage
periodic system records the cost of the sale on the date the sale is made
Question 3 The primary difference between a

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