Periodic inventory systems are used most commonly by companies that sell
A)low-priced, high-volume merchandise.
B)high-priced, high-volume merchandise.
C)high-priced, low-volume merchandise.
D)high-priced, low and high-volume merchandise.

Question

Quizplus · Accepted Answer

Periodic inventory systems are typically used by companies that sell low-priced, high-volume merchandise because it is less costly and less complex to manage than a perpetual inventory system.

Periodic Inventory Systems Are Used Most Commonly by Companies That