A Perpetual Inventory System Is an Inventory System That Keeps

question 57

True/False

A perpetual inventory system is an inventory system that keeps continual track of inventory. It is used by companies with a high unit cost and a low volume.

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Definitions:

Navigation Pane

A user interface element that provides a structured menu or list of options for navigating within a website or application.

Sign Out

The action of logging off from a digital account or service, terminating access until the next login.

Open

The act of loading a document, file, or application into memory so it can be accessed, viewed, or edited by the user.

Simple Query Wizard

A tool in database software that guides users through the process of creating a basic query.