Question: Question 5 ( 1 point ) 5 . When an inventory system updates the Inventory account at the time of each sale it is known

Question 5(1 point)
5. When an inventory system updates the Inventory account at the time of each sale it is known as
a periodic system.
a contra-purchase system.
a perpetual system.
an accrual system.
Question 5 ( 1 point ) 5 . When an inventory

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