Question: The primary difference between a periodic and perpetual inventory system is that a periodic system records the cost of the sale on the date the

The primary difference between a periodic and perpetual inventory system is that a periodic system
records the cost of the sale on the date the sale is made.
provides better control over inventories.
keeps a record showing the inventory on hand at all times.
determines the inventory on hand only at the end of the accounting period.
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The primary difference between a periodic and

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