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    Business
  3. Study Set
    Introduction to Financial Accounting
  4. Exam
    Exam 7: Inventories and Cost of Goods Sold
  5. Question
    Historically,periodic Inventory Systems Have Been Used for Low Value,high Volume
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Historically,periodic Inventory Systems Have Been Used for Low Value,high Volume

Question 21

Question 21

True/False

Historically,periodic inventory systems have been used for low value,high volume items,whereas the perpetual inventory system has been used for high value,low volume items.

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