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Compare periodic versus perpetual system as a control device

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Reference no: EM132550412

Question 1: Compare the periodic versus the perpetual system as a control device.

Question 2: What sort of organisations are likely to use the periodic inventory system?

Question 3: What kind of organisations will prefer to use perpetual inventory system?

Question 4: If management overstated the valuation of inventory, would it affect profit for the year?

Reference no: EM132550412

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