When a company uses the perpetual inventory system,there is no need to conduct a physical count of inventory.

Name: When a company uses the perpetual inventory system,there is no need to conduct a physical count of inventory.
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Quizplus · Accepted Answer

In the perpetual inventory system, inventory levels are continuously monitored and updated through transactions recorded in a computer system. However, physical counts of inventory are still necessary to verify the accuracy of the system and identify any discrepancies or errors.

When a Company Uses the Perpetual Inventory System,there Is No