A periodic system of inventory is used when inventory volumes are low and per unit costs are high.

Name: A periodic system of inventory is used when inventory volumes are low and per unit costs are high.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A periodic system of inventory is typically used for items with relatively low per-unit costs and where inventory does not need to be tracked on a daily basis, not specifically for low inventory volumes and high per-unit costs.

A Periodic System of Inventory Is Used When Inventory Volumes