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How do you choose between periodic and perpetual inventory systems?
A periodic inventory system is a method of accounting that updates the inventory balance only at the end of an accounting period, such as a month, a quarter, or a year. To calculate the cost of ...
LinkedIn1 j
How can you tell if your inventory system is periodic or perpetual?
A periodic inventory system is a method of inventory control ... but rather rely on physical counts or estimates to determine the inventory balance at the end of the period. To calculate the ...