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

The primary difference between a periodic and perpetual inventory system is that a
Multiple Choice
periodic system records the cost of the sale on the date the sale is made
periodic system keeps a record showing the inventory on hand at all times
%
periodic system determines the inventory on hand only at the end of the accounting period
7
4
periodic system provides an easy means to determine inventory shrinkage
1
The primary difference between a periodic and

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