Flores Department Store currently uses the periodic inventory system.

Required
Explain what the advantages would be to Flores if it uses the perpetual inventory system.Assume that Flores can use a computer system that is linked to its cash registers and that all products have bar codes that can be read by bar code readers attached to the cash registers.

Question

Flores Department Store currently uses the periodic inventory system.
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Required
Explain what the advantages would be to Flores if it uses the perpetual inventory system.Assume that Flores can use a computer system that is linked to its cash registers and that all products have bar codes that can be read by bar code readers attached to the cash registers.

Quizplus · Accepted Answer

The Answer of Flores Department Store currently uses the periodic inventory system.
​
Required
Explain what the advantages would be to Flores if it uses the perpetual inventory system.Assume that Flores can use a computer system that is linked to its cash registers and that all products have bar codes that can be read by bar code readers attached to the cash registers.

Flores Department Store Currently Uses the Periodic Inventory System