Question
Consider perpetual or periodic inventory systems and how each interacts with a business. Describe which system you would use based on the type of business
Consider perpetual or periodic inventory systems and how each interacts with a business. Describe which system you would use based on the type of business below and why. This is an understanding exercise, you can use the book, experience, or the internet for your answers. Consider in your answer technology and costs of technology, ease of use, tracking, profit and loss, and accountability. Hotel with a restaurant, bar, catering, and coffee kiosk Fine dining restaurant with a bar and extensive wine offering Casual small restaurant with a limited menu and no bar service Coffee shop offering light food and snacks.
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