Your manager has informed you that the company is trying to determine if it should use a periodic system or a perpetual system in accounting for the inventory. He wants you to speak at the next board of directors meeting.

Prepare a PowerPoint presentation of 10 slides in which you do the following:

• Outline the similarities between a periodic system and a perpetual system in accounting for the inventory.
• Outline the differences between a periodic system and a perpetual system in accounting for the inventory.
• What is your recommendation on which system the company should use, and why?

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