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What are the two methods for tracking inventory

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Reference no: EM133149359

Question - Companies with inventory must maintain a level of control over the asset. Answer the following questions related to tracking inventory:

1. What are the two methods for tracking inventory?

2. What are attributes of a perpetual inventory system?

3. What are attributes of a periodic inventory system?

4. What are advantages and disadvantages of each system?

Reference no: EM133149359

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