Apr 10th, 2015
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Periodic System versus the Perpetual SystemFor business owners to align their stock and product demands, inventory systems such as the periodic and perpetual systems come in handy to aid in executing such processes. Both systems have their merits and demerits, but normally the choice as to which method to use, lies exclusively with the business owner. Periodic inventory system:The Periodic inventory system assumes a non-continuous process that depends on an absolutely manual procedure to track every sale and returns made consistently by month, week or year-contingent upon the manager's deci

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