Which is the best form of inventory control for inventory?
A)Establish responsibility.
B)Use a periodic inventory system.
C)Use a perpetual inventory system.
D)Document procedures.

Question

Quizplus · Accepted Answer

A perpetual inventory system provides the most accurate and up-to-date information about inventory levels, allowing businesses to quickly identify and address any issues with stock levels. This system tracks inventory in real-time through the use of technology and software, making it the best form of inventory control. Establishing responsibility, documenting procedures, and using a periodic inventory system are all important components of inventory control, but a perpetual inventory system provides the most effective management of inventory.

Which Is the Best Form of Inventory Control for Inventory