Historically,periodic inventory systems have been used for low value,high volume items,whereas the perpetual inventory system has been used for high value,low volume items.

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Historically, periodic inventory systems have been more commonly used for low-value, high-volume items due to the impracticality of tracking each item individually. In contrast, the perpetual inventory system, which updates inventory records on a continuous basis, has been preferred for high-value, low-volume items where precise tracking is more critical and manageable.

Historically,periodic Inventory Systems Have Been Used for Low Value,high Volume