Thirty years ago, why did most companies rely mainly upon periodic inventory systems? Group of...
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Thirty years ago, why did most companies rely mainly upon periodic inventory systems? Group of answer choices Tax laws required physical inventory counts. Theft was an insignificant source of loss compared to today. New technology, allowing perpetual inventory systems to be installed more easily and inexpensively, was not available thirty years ago. Before the advent of computers, perpetual systems were less accurate than periodic systems.
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