Multiple Choice
Which of the following is a not a limitation of the use of a periodic inventory system by a manufacturer?
A) A physical stocktake is necessary before costing information can be determined.
B) Costing information is not available before the end of the accounting period.
C) The costing information contains estimations and approximations.
D) The method is more expensive to implement than the perpetual method.
Correct Answer:
Verified
Correct Answer:
Verified
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