Which of the following is a disadvantage of the perpetual inventory system? A. Inventory informa

Name: Problem 5, Chapter 6: Principles of Accounting Volume 1: Financial Accounting
Uploaded: 2020-05-16T09:10:36-08:00
Duration: 4 min 27 s
Channel: Puneet Prajapati
Description: Which of the following is a disadvantage of the perpetual inventory system? A. Inventory information is in real-time. B. Inventory is automatically updated. C. It allows managers to make current decisions about purchases, stock, and sales. D. It is cost-prohibitive.

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Puneet Prajapati · Accepted Answer

step 1 Okay, so we are going to understand the type of, first of all we will understand the inventory s

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