Below are 4 independent scenarios:
1. A store manager checks the computer system to determine if there is enough inventory to fill a customer order.
2. A year-end inventory count is completed to determine the amount of inventory sold.
3. A month-end inventory count is completed to verify the accuracy of the inventory balances.
4. As inventory is received, all items are scanned and input immediately into the inventory records.
Instructions
For each scenario determine if a perpetual or a periodic inventory system is used.

Question

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The Answer of Below are 4 independent scenarios:
1. A store manager checks the computer system to determine if there is enough inventory to fill a customer order.
2. A year-end inventory count is completed to determine the amount of inventory sold.
3. A month-end inventory count is completed to verify the accuracy of the inventory balances.
4. As inventory is received, all items are scanned and input immediately into the inventory records.
Instructions
For each scenario determine if a perpetual or a periodic inventory system is used.

Below Are 4 Independent Scenarios