Under a perpetual inventory system, inventory shrinkage and lost or stolen goods are more readily determined.

Name: Under a perpetual inventory system, inventory shrinkage and lost or stolen goods are more readily determined.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Under a perpetual inventory system, inventory levels are constantly updated and tracked, making it easier to identify any discrepancies or losses in inventory. This allows for more accurate and timely recognition of inventory shrinkage and lost or stolen goods.

Under a Perpetual Inventory System, Inventory Shrinkage and Lost or Stolen