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This sub system deals with the recording of different items purchased and issued specifying the price, quantity and date. |
Sales and Accounts Receivable Sub System Purchase and Accounts Payable Sub System Inventory Sub System Expense Sub System |
Inventory Sub System |
The correct answer is Option (3) → Inventory Sub System INVENTORY SUB-SYSTEM :It deals with the recording of different items purchased and issued specifying the price, quantity and date. It generates the inventory position and valuation report |
