Perpetual Inventory System: Definition, Pros & Cons, and Examples
investopedia.com
Perpetual Inventory System: Definition, Pros & Cons, and Examples
A perpetual inventory system is a computerized system that keeps track of the quantity of inventory on hand and updates the records as goods are purchased or sold. Learn how it works and its pros and cons.
Sep 5, 2024
Perpetual Inventory System
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