Which of the following companies would be more likely to use a periodic inventory system?

Name: Which of the following companies would be more likely to use a periodic inventory system?
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Question

Quizplus · Accepted Answer

A newspaper stand is a small business that deals with fast-moving, low-cost inventory. Hence, it is more likely to use a periodic inventory system. IBM, Bank of China, and Marks & Spencer deal with high-value inventories and hence would be more likely to use a perpetual inventory system.

Which of the Following Companies Would Be More Likely to Use