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    Intermediate Accounting Study Set 3
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    Exam 8: Cost-Based Inventories and Cost of Sales
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    The Primary Difference Between the Inventory System of a Manufacturing
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The Primary Difference Between the Inventory System of a Manufacturing

Question 67

Question 67

True/False

The primary difference between the inventory system of a manufacturing company and a retail company is that a retail company uses a periodic system and a manufacturing firm uses a perpetual system.

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