Which of the following is not an advantage of perpetual inventory system? Multiple Choice It helps...
Which of the following is not an advantage of perpetual inventory system?
Multiple Choice
It helps reduce expenses and costs.
It provides up to date information on inventory and cost of goods sold instantly.
It is simple and less costly to maintain.
It helps increase productivity of the economy.
Homework Answers
| Which of the following is not an advantage of perpetual inventory system? | |
| Ans: | It is simple and less costly to maintain. |
| Explanation:- | Perpetual inventory system is not simple system. It is costy also than periodic inventory system. All other options are advantages of perpetual inventory system. It provides up to date information on inventory and cost of goods sold instantly. It helps reduce expenses and costs like wastage, theft etc. It helps increase productivity of the economy also. |
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Which of the following is not an advantage of perpetual
inventory system?
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It helps...
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The following information has been taken from the perpetual inventory system of Jaxson Manufacturing Co. for...
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The following information has been taken from the perpetual inventory system of Jaxson Manufacturing Co. for...
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The primary advantage of a just-in-time inventory system is:
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