An advantage of using the periodic inventory system is that it requires less recordkeeping than the perpetual inventory system.

Question

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In a periodic inventory system, inventory levels are only tracked at certain points in time, such as at the end of each month or quarter. This means that less recordkeeping is required compared to a perpetual inventory system where inventory levels are continuously monitored and updated in real-time.

An Advantage of Using the Periodic Inventory System Is That