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Accounting and reporting - business environmental concepts

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Reference no: EM131093305

Financial Accounting and Reporting - Business Environmental Concepts

Your manager has informed you that the company is trying to determine if it should use a periodic system or aperpetual system in accounting for the inventory. He wants you to speak at the next board of directors meeting.

Prepare a PowerPoint presentation of 10 slides in which you do the following:

  • Outline the similarities between a periodic system and a perpetual system in accounting for the inventory.
  • Outline the differences between a periodic system and a perpetual system in accounting for the inventory.
  • What is your recommendation on which system the company should use, and why?

Please submit your assignment.

Grading Criteria

Define the question you are required to address-in another words, what is the problem statement?

 22.5%

Survey the literature on the subject.

 22.5%

Address the pros and the cons of each method.

 22.5%

What is your recommendation, and why?

 22.5%
Use proper formatting for the assignment and references. 10%

For assistance with your assignment, please use your text, Web resources, and all course materials.

Reference no: EM131093305

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