You have new items in your feed. Click to view.
Question and answer
why are perpetual inventory systems so much more popular today than in the early 1960s and earlier? Why would a company employing a perpetual inventory system still take a physical inventory
periodically?
In business, the inventory system is how you keep track of your goods and materials. [ [ This is an essential part of your business, as good inventory management can make or break a business! If you?re not properly keeping track of your inventory, you?re not maximizing your profit. You also run the risk of running out of cash since you are paying suppliers before you get paid by customers ? in
most cases the cash conversion cycle is not in your favor.There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system. The main difference between the two systems is how often inventory data is updated. We discussed the periodic system in a previous post. Today we are going to discuss the perpetual inventory system.The perpetual inventory method is one in which inventory data is updated continuously. When an order is placed or received, that data immediately is entered into the system to update the quantity and inventory availability right away. This is where the term perpetual comes from. Data is entered perpetually, or continuously, as opposed to the periodic system, where data is updated according to a set interval of time. ]
Expert answered|uxiali|Points 745|
Question
Asked 10/28/2012 3:15:22 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,201,394 questions answered
Popular Conversations
Find the quotient. 4 r ÷ 4 s 4r ÷ s 4r - s 4r + s User: ...
Weegy: False User: Simplify. y 5 · y 3 ÷ y 2 User: Simplify. n 6 · n 5 ÷ n 4 · n 3 ÷ n 2 · n User: Simplify 3a · ...
9/26/2016 11:25:47 AM| 3 Answers
7 × -11 User: 56 ÷ -7
9/25/2016 4:46:00 PM| 2 Answers
Expressed powers are
Weegy: Strict Constructionist User: People who are against capital punishment argue that it violates the
9/25/2016 9:43:37 PM| 2 Answers
Evaluate the following expression. (8^1)^0
Weegy: A number can not be divided by zero. The answer to 8/0 is undefined. User: Find the product. -7(-a 2)(-b ...
9/26/2016 10:49:35 AM| 2 Answers
Find the product. y^5 · y^3
Weegy: y^5 · y^3 = y^8 User: Find the product. (-4·3·2)^2 User: Find the product. (fg)^9
9/26/2016 10:59:57 AM| 2 Answers
Weegy Stuff
S
L
P
P
P
P
P
L
Points 964 [Total 5036] Ratings 2 Comments 944 Invitations 0 Offline
S
P
1
L
Points 713 [Total 1593] Ratings 5 Comments 663 Invitations 0 Offline
S
Points 205 [Total 499] Ratings 0 Comments 205 Invitations 0 Offline
S
L
P
Points 111 [Total 1223] Ratings 0 Comments 111 Invitations 0 Offline
S
Points 105 [Total 105] Ratings 0 Comments 105 Invitations 0 Offline
S
Points 72 [Total 72] Ratings 0 Comments 72 Invitations 0 Offline
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
L
P
P
P
Points 27 [Total 3889] Ratings 0 Comments 27 Invitations 0 Offline
S
L
Points 25 [Total 4250] Ratings 1 Comments 15 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.