A system of recording the receipt and sale of each item as it occurs is called:
A)microinventory.
B)periodic inventory.
C)point-of-sale system.
D)perpetual inventory.

Question

Quizplus · Accepted Answer

A perpetual inventory system records each item received and sold immediately, providing real-time information on inventory levels and allowing for more accurate forecasting and replenishment.

A System of Recording the Receipt and Sale of Each