Periodic review systems are ______.
A)characterized by weekly,monthly,or annual physical counts of inventory
B)best suited for businesses that sell high-volume products
C)systems where inventory is replenished halfway during a consumption cycle
D)systems where the entire inventory of a product is ordered by a single customer

Question

Quizplus · Accepted Answer

Periodic review systems involve physical counts of inventory at designated intervals, which is described in option A. Option B does not necessarily correlate with periodic review systems, as businesses that sell low-volume products may also use this system. Option C describes a continuous review system, not a periodic review system. Option D is not related to periodic review systems.

Periodic Review Systems Are ______