A running count that records how much inventory should be on hand is referred to:

Question

Quizplus · Accepted Answer

Perpetual inventory refers to a continuous tracking of inventory levels, which helps in maintaining a record of the quantity of items available in stock at all times. It enables businesses to better manage their inventory levels and avoid shortages or overstocks. The other options are not relevant or accurate descriptions of a running count of inventory.

A Running Count That Records How Much Inventory Should Be