In Australia,where most accounting is computerised,the use of the periodic inventory system is declining.Which of the following businesses is still most likely to use the periodic approach to accounting for inventory?

Question

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A fruit and vegetable shop is still most likely to use the periodic inventory system because they deal with a high volume of perishable goods that are sold quickly and need to be constantly restocked. This makes it difficult to track inventory levels in real-time and the periodic system allows them to do a physical count at the end of the day or week to determine their inventory levels.

In Australia,where Most Accounting Is Computerised,the Use of the Periodic