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ACCT 212 Week 5 Discussion: Exploring Effective Strategies for Inventory Control and Management in Modern Business Operations

  • ACCT 212 Week 5 Discussion: Exploring Effective Strategies for Inventory Control and Management in Modern Business Operations

  • Other • 2 pages • 2024
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    • ACCT 212 Week 5 Discussion: Inventory Management Discuss with examples the two methods of inventory control. Which method do you think is better for a retail store with several items of small value? Inventory accounting consist of two main systems: periodic, and perpetual. Periodic means that items are accounted for by hand, then priced at different intervals. I believe this method would be better for a retail store with several items of small value. This is because the store can count and price...
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