Perpetual inventory systems continuously record inventory received from suppliers and withdrawn by employees.

Question

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Perpetual inventory systems are designed to keep track of inventory levels in real-time. Any transaction involving inventory, whether it be a purchase from a supplier or a withdrawal by an employee, is immediately recorded in the system. This allows for accurate and up-to-date information about inventory levels and can help businesses make informed decisions about ordering and stocking products.

Perpetual Inventory Systems Continuously Record Inventory Received from Suppliers and Withdrawn