Many companies keep a continuously updated list of inventory levels, orders, sales, and receipts. What is this type of inventory called?
A) month-to-month inventory
B) just-in-time inventory
C) coordinating inventory
D) perpetual inventory

Question

Quizplus · Accepted Answer

The type of inventory described is perpetual inventory, which is a method of continuously tracking inventory levels and movements in real-time. This allows companies to have an accurate picture of their inventory at any given moment and enables better decision making for ordering, sales, and fulfillment.

Many Companies Keep a Continuously Updated List of Inventory Levels