Perpetual inventory records provide information helpful in making all the following decisions except:

Question

Quizplus · Accepted Answer

Perpetual inventory records provide information about the quantity and location of merchandise, as well as the cost and selling price. This information is useful in making decisions related to inventory management, such as when to reorder and how quickly items are selling. However, it does not provide information about extending credit to customers, which is typically based on their credit history and financial information.

Perpetual Inventory Records Provide Information Helpful in Making All the Following