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Which of These Is a Not a Limitation of the Use

Question 65

Multiple Choice

Which of these is a not a limitation of the use of a periodic inventory system by a manufacturer?


A) Costing information is not available before the end of the accounting period.
B) A physical stocktake is necessary before costing information can be determined.
C) The costing information contains estimations and approximations.
D) The method is more costly to implement than the perpetual method.

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