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Perpetual inventory system, record of inventory

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A perpetual inventory system maintains an up-to-date record of inventory. It thus allows an organization to have a timely and more accurate inventory data.

Consider the features of perpetual inventory and respond to the following:

- Discuss the advantages and disadvantages of accounting for inventory under the perpetual inventory system.

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The solution provides information on advantages associated with perpetual inventory accounting. The expert also discusses the features of perpetual inventory.

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Consider the features of perpetual inventory and respond to the following:
•Discuss the advantages and disadvantages of accounting for inventory under the perpetual inventory system.

Some advantages associated with perpetual inventory accounting ...

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