Which one of the following statements concerning periodic and perpetual inventory systems is correct? Select...
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Accounting
Which one of the following statements concerning periodic and perpetual inventory systems is correct? Select one: O a. Periodic systems provide better control over inventories O b. Perpetual systems don't maintain a detailed record of inventory on hand Oc Perpetual systems records cost of goods sold at the end of each accounting period O d. Perpetual systems records cost of goods sold after each sale Oe. Periodic systems continuously track the balances of each item kept in stock
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