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    College Accounting
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    Exam 15: Accounting for Merchandise Inventory
  5. Question
    The Perpetual Inventory System Is a System Which
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The Perpetual Inventory System Is a System Which

Question 123

Question 123

Multiple Choice

The perpetual inventory system is a system which:


A) updates inventory continuously.
B) uses either FIFO,LIFO,weighted-average,or specific invoice method.
C) never needs a physical inventory taken.
D) both A and B.

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