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Your manager has informed you that the company is trying to determine if it should use a periodic system or a perpetual system in accounting for the inventory. He wants you to speak at the next board of directors meeting.
Prepare a PowerPoint presentation of 10 slides in which you do the following:
• Outline the similarities between a periodic system and a perpetual system in accounting for the inventory.
• Outline the differences between a periodic system and a perpetual system in accounting for the inventory.
• What is your recommendation on which system the company should use, and why?
Explain the tools of management accounting
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What is the fastest time financial accounting assignment can be done by your company? It will be a report type format but overview type without going into depth.
Under this method, approximated profit is calculated depends on transactions of the ensuing period. Afterward, decrease or increase in working capital is determined adjusting the e
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