The type of inventory system that provides an ongoing, current record of inventory items is a(n) _____ inventory system.
A) physical
B) two-bin
C) perpetual
D) bulk

Question

Quizplus · Accepted Answer

A perpetual inventory system utilizes technology to track inventory levels and provide ongoing, real-time updates. This allows for more accurate inventory management and quicker identification of stock issues such as shortages or overages. The other options listed do not provide the ongoing monitoring and recording of inventory levels that a perpetual inventory system does.

The Type of Inventory System That Provides an Ongoing, Current