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The Statement Relating to the Determination of the Cost of Inventory

Question 14

Multiple Choice

The statement relating to the determination of the cost of inventory in a computerised system that is not true is:


A) Determining the cost of inventory is greatly simplified compared to a manual system
B) The system can automatically produce reorder information
C) Computerised inventory systems are now used by most firms
D) Computerised systems generally use the periodic inventory system

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