Multiple Choice
Which of these is not an advantage of the perpetual inventory system?
A) Continuous
B) Allows stock losses to be identified
C) Allows cost of sales to be calculated at any time
D) A stock-take is not required
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q44: Assuming the use of the perpetual inventory
Q45: Freight outward paid by the seller is
Q46: Under the perpetual inventory system, what is
Q47: The purpose of offering a credit customer
Q48: Cost of goods available for sale is
Q50: Under the perpetual inventory system inventory purchased
Q51: Simon sold goods to Lauren for $3300
Q52: Which of these is usually a retailer's
Q53: B sold goods to A on credit
Q54: Which of these should be classified as