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Problem 1: Which of the following statements truly distinguishes the periodic and perpetual approaches to managing inventories?
Group of answer choices
A. Each approach is a technique for the recording of the purchase of goods to be stocked for resale to customers.
B. The perpetual inventory system involves more constant data update and is a superior business management tool.
C. All of these statements are true.
D. The periodic inventory system is easier to implement but is less robust than the tracking available under a perpetual system.
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