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Question 2 8 points Save Ariswer Which of the following is generally true about inventory systems? O A periodic inventory system is rarely used anymore
Question 2 8 points Save Ariswer Which of the following is generally true about inventory systems? O A periodic inventory system is rarely used anymore since computer systems that track inventory have eliminated the need for inventory counts. Many companies use both a periodic inventory system and a perpetual inventory system. The perpetual inventory system acts as a check for accuracy a e end of the year while a periodic inventory system provides timely information for making business decisions. Most companies use either a periodic inventory system or a perpetual inventory system, but never both at the same time. Many companies use both a periodic inventory system and a perpetual inventory system. The perpetual inventory system provides timely informon for making business decisions while a periodic inventory system acts as a check for accuracy at the end of the year
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