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Which Statement Relating to the Determination of the Cost of Inventory

Question 10

Multiple Choice

Which statement relating to the determination of the cost of inventory in a computerised system is not true?


A) Determining the cost of inventory is greatly simplified compared to a manual system.
B) Computerised systems generally use the periodic inventory system.
C) Computerised inventory systems are now used by most firms.
D) The system can automatically produce reorder information.

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