Which of the following companies would be more likely to use a periodic inventory system? A)IBM. B)1^st Bank of New York. C)Sears. D)A newspaper stand.

Question

Quizplus · Accepted Answer

A newspaper stand is a small business that deals with low-cost, high-volume items, making it more likely to use a periodic inventory system. IBM, 1^st Bank of New York, and Sears are larger businesses that deal with high-cost, low-volume items, making it more likely for them to use a perpetual inventory system.

Which of the Following Companies Would Be More Likely to Use