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    Exam 12: Preparing a Worksheet for a Merchandising Company
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    In the Periodic Inventory System the Inventory Balance Is
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In the Periodic Inventory System the Inventory Balance Is

Question 48

Question 48

Multiple Choice

In the periodic inventory system the inventory balance is


A) updated only at the end of the period.
B) updated at the beginning of the period.
C) continually updated throughout the year.
D) adjusted only every three months.

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