what inventory system that provides better control over inventories than a periodic inventory, since the records always show the quantity that should be on hand?
a. periodic
b. perpetual
c. conventional
d. non-conventional
a. periodic
b. perpetual
c. conventional
d. non-conventional
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B. Perpetual
Step-by-step explanation:
Perpetual Inventory: An Overview. Periodic and perpetual inventory systems are two contrasting accounting methods that businesses use to track the number of products they have available. Overall, the perpetual inventory system offers many benefits over the periodic system and is now used by all major retailers.