A perpetual inventory records all items purchased and requisitioned, and should match the physical inventory.

Name: A perpetual inventory records all items purchased and requisitioned, and should match the physical inventory.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Perpetual inventory is designed to keep track of inventory levels in real-time, updating as items are purchased or requisitioned. This should match the physical inventory on hand, as it reflects actual stock levels.

A Perpetual Inventory Records All Items Purchased and Requisitioned, and Should