What is the difference between the physical flow of, Accounting Basics

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What is the difference between the physical flow of

1. What is the difference between a periodic and perpetual inventory system?

2. What is inventory shrinkage?

3. What is the difference between the physical flow of inventory and the inventory cost flow?

4. What are the common cost flow methods for accounting for inventory? Describe the differences.

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Accounting Basics: What is the difference between the physical flow of

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