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    Financial Accounting Tools Study Set 4
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    Exam 6: Reporting and Analyzing Inventory
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    Under a Periodic Inventory System, the Merchandise on Hand at the End
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Under a Periodic Inventory System, the Merchandise on Hand at the End

Question 72

Question 72

True/False

Under a periodic inventory system, the merchandise on hand at the end of the period is determined by a physical count of the inventory.

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