Question: The periodic inventory system operates by: Question 1 Answer a. keeping track of inventory as it comes into the organisation and as it leaves b.

The periodic inventory system operates by: Question 1 Answer a. keeping track of inventory as it comes into the organisation and as it leaves b. All of the given options are correct. c. counting inventory at regular intervals to establish how much of each item is on hand d. assuming that the inventory that came in first is the first to be sold

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