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Which periodic inventory system is used most commonly

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Reference no: EM132818007

Problem 1: The periodic inventory system is used most commonly by companies that sell

a. high-priced, high-volume merchandise.

b. high-priced, low-volume merchandise.

C. low-priced, high-volume merchandise.

d. low-priced, low-volume merchandise.

Problem 2: A physical count of inventory is usually taken

a. at the end of the fiscal year.

b. at the peak of the busy season.

C. at the start of the fiscal year.

d. in the middle of the fiscal yéar

Reference no: EM132818007

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