Inventory system research paper

Though an inventory count should be taken once a year to measure and match inventory records, the perpetual inventory system does not depend on this count to determine cost of goods sold, but is used to verify inventory records. Therefore, a potentially costly and time-consuming year-end inventory count that may interfere with normal business operations is not required. Rather, when a company uses the perpetual inventory system, a physical inventory count can be made routinely throughout the year to match perpetual inventory reporting records.

Inventory system research paper

inventory system research paper

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