Match Each Description to the Appropriate Inventory System (A or B).​

question 14

Multiple Choice

Match each description to the appropriate inventory system (a or b) .​
-Under this system, only revenue is recorded when sales are made.

• A)Perpetual
• B)Periodic

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Definitions:

Private Label Brands

Brands owned by a retailer or supplier but manufactured by a third party, normally sold exclusively in the brand owner's stores.

Revitalization

The process of injecting new life into a product or brand, often through rebranding, innovation, or repurposing to increase its market share.

Rebuilding Trust

The process of regaining confidence and reliability in a relationship, organization, or system after it has been damaged or broken.

Brand Equity

The value and strength of a brand that determines its worth, based on consumer's perceptions, recognition, and loyalty.