A well-designed computerized system of perpetual inventory data files includes information about the
A)units of inventory purchased,sold,and on hand.
B)unit costs of inventory purchased,sold,and on hand.
C)units and unit costs of inventory purchased,sold,and on hand.
D)units of raw materials,work-in-process,and finished goods.

Question

Quizplus · Accepted Answer

A well-designed computerized system of perpetual inventory data files should include information about both the units and unit costs of inventory purchased, sold, and on hand. This allows for accurate tracking of inventory levels and costs, as well as providing data for financial reporting and decision making. Option A only includes units, which is not sufficient for cost analysis. Option B only includes unit costs, which does not provide a complete picture of inventory levels. Option D refers to a different inventory classification system and is not relevant to the question.

A Well-Designed Computerized System of Perpetual Inventory Data Files Includes