Perpetual inventory systems:
A)Are only updated at the end of each fiscal period
B)Are concerned only with finished goods
C)Are not concerned with raw materials
D)Involve every level of inventory necessary for production

Question

Quizplus · Accepted Answer

Perpetual inventory systems involve tracking inventory at every level necessary for production, including raw materials, work-in-progress, and finished goods. They are updated continuously rather than at the end of each fiscal period.

Perpetual Inventory Systems