How does a firm’s business type affects its selection of an inventory method in automated systems like Peachtree Complete Accounting 2010?

Selection of an Inventory Method (graded)
There are several inventory methods that a firm can choose to use. How does a firm’s business type affects its selection of an inventory method in automated systems like Peachtree Complete Accounting 2010?
Payroll Reference Data (graded)
In order to process payroll correctly in an computerized accounting system, there are some important reference tables that must be updated on a periodic basis. Identify at least two key tables and explain their importance.

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