Because they keep continuous track on each item added to or taken from inventory,perpetual inventory control systems eliminate the need for a physical inventory count.
Correct Answer:
Verified
Q89: Small business owners should avoid cutting prices
Q90: Choosing the most appropriate system of inventory
Q91: "Just-in-time" inventory control techniques are best suited
Q92: In a two-bin system,the amount of stock
Q93: For changes in inventory management to be
Q95: JIT II in the retail and service
Q96: In an ABC system,"A" items are those
Q97: "C" items typically comprise a minor proportion
Q98: The purpose of classifying items according to
Q99: Simon counts a few items of his
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents