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difference between periodic and perpetual inventory system

Accountancy

why do we say that perpectual inventory system is costlier than periodic system , periodic system requires more employees to physically measure goods

nisam M

CA Final

★ 23K+

25-Jan-21 20:23

324

Answers (1)

Perpetual inventory system uses digital technology to track inventory which is more expensive compared to labour in periodic inventory system. Also, the perpetual system is adopted by large businesses

ruchi lahoti

CA Inter

★ 27K+

26-Jan-21 23:57

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