A(n) ________ is used to keep track of the actual merchandise flows-what the present inventory level is, when purchased merchandise is scheduled for delivery, and how much has been sold to customers.
A) model stock plan
B) fashion-oriented bookkeeping
C) open-to-buy system
D) order point
E) perpetual inventory

Question

Quizplus · Accepted Answer

The open-to-buy system is used to keep track of the actual merchandise flows-what the present inventory level is, when purchased merchandise is scheduled for delivery, and how much has been sold to customers.

A(n) ________ Is Used to Keep Track of the Actual