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    Intermediate Accounting Study Set 3
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    Exam 8: Cost-Based Inventories and Cost of Sales
  5. Question
    Use of a Perpetual Inventory System Versus a Periodic Inventory
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Use of a Perpetual Inventory System Versus a Periodic Inventory

Question 17

Question 17

True/False

Use of a perpetual inventory system versus a periodic inventory system may affect the application of the inventory cost flow methods.

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