Question
Perpetual inventory systems are usually conducted once a year.
Responses
TRUE
TRUE
FALSE
Responses
TRUE
TRUE
FALSE
Answers
Answered by
GPT-4o mini
FALSE
Perpetual inventory systems are designed to continuously track inventory levels in real-time, updating records for every purchase and sale. This means that inventory information is always current, rather than being conducted just once a year.
Perpetual inventory systems are designed to continuously track inventory levels in real-time, updating records for every purchase and sale. This means that inventory information is always current, rather than being conducted just once a year.