Drugstores are one example of a business using a periodic inventory system because of their dependence on vendor-managed inventory.

Name: Drugstores are one example of a business using a periodic inventory system because of their dependence on vendor-managed inventory.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

Drugstores rely heavily on vendors to manage their inventory levels and restock their products, which fits with the periodic inventory system where inventory levels are only counted and updated periodically.

Drugstores Are One Example of a Business Using a Periodic