A perpetual inventory system offers all of the following characteristics except:
A)it is less expensive than a periodic system.
B)inventory balances are always current.
C)it helps salespeople determine whether there is a sufficient supply on hand to fill the customer orders.
D)it enhances internal control.
E)All of the above are characteristics of a perpetual inventory system.

Question

Quizplus · Accepted Answer

A perpetual inventory system is typically more expensive to implement than a periodic system due to the need for technology and ongoing monitoring.

A Perpetual Inventory System Offers All of the Following Characteristics