A perpetual inventory system is an inventory system that keeps continual track of inventory. It is used by companies with a high unit cost and a low volume.

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A perpetual inventory system is designed to keep track of inventory levels in real-time, updating each time an item is bought or sold. This type of system is particularly useful for companies with high unit costs and low sales volumes, as it ensures that they always have an accurate picture of their inventory levels.

A Perpetual Inventory System Is an Inventory System That Keeps