Podcast Series Ep5- Perpetual vs Periodic Inventory Systems

in #accounting6 years ago

In financial management, businesses need to choose a inventory management system to keep track of stock....either the Perpetual or Periodic systems can be used.... we discuss and explore what this means for businesses, how does the business manage inventory? How do they measure cost of sales?
These are some of the questions we consider with our students to get them to contrast the two inventory management systems....

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