Companies that sell goods that have a high unit value tend to use the perpetual inventory system.

Question

Quizplus · Accepted Answer

The perpetual inventory system provides continuous and real-time updates of inventory levels, which is particularly useful for businesses that sell high-value goods as it enables them to closely monitor stock levels and ensure inventory accuracy to prevent losses from theft, damage, or obsolescence. Therefore, it is more common for companies that sell high unit value goods to use the perpetual inventory system.

Companies That Sell Goods That Have a High Unit Value