Periodic inventory systems are used primarily by:
A)Small businesses with manual accounting systems.
B)Large manufacturing companies.
C)Small businesses that sell a low volume of high-priced items.
D)Companies that sell a high volume of low-priced items and record sales transactions on point-of-sale terminals.

Question

Quizplus · Accepted Answer

Periodic inventory systems are often used by small businesses with manual accounting systems because they are simpler and less costly to implement than perpetual systems.

Periodic Inventory Systems Are Used Primarily By