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May I know the difference between ‘Perpetual inventory system’ with ‘Periodic inventory system’ ?
Perpetual inventory system is the same as ‘continuous inventory recording’, which is explained on Pager 44 of our free lecture notes (and the free lectures that go with them) 🙂
Hi John,
Do we need to know both methods for the FA exam? Or just the perpetual inventory system mentioned in your lectures?
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