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Flores Department Store Currently Uses the Periodic Inventory System

Question 165

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Flores Department Store currently uses the periodic inventory system.
REQUIRED: Explain what the advantages would be to Flores if it uses the perpetual inventory system. Assume that Flores can use a computer system which is linked to its cash registers and that all products have bar codes that can be read by bar code readers attached to the cash registers.

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If Flores uses the perpetual system, it ...

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