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One difference between periodic and perpetual inventory systems is: Multiple Choice Cost of goods sold...

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Accounting

One difference between periodic and perpetual inventory systems is:

Multiple Choice Cost of goods sold is always significantly higher under a perpetual system.

Cost of goods sold is not recorded under a perpetual system until the end of the period.

Cost of goods sold is always significantly higher under a periodic system.

Cost of goods sold is not recorded under a periodic system until the end of the period.

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