The Perpetual Inventory Method of Tracking Inventory Is Considered Superior

question 112

Multiple Choice

The perpetual inventory method of tracking inventory is considered superior to the periodic method because the perpetual method:

• A) makes calculations easier and less technology can be deployed.
• B) tells what inventory a company should have at any point in time.
• C) saves a company from ever having to count the goods in inventory.
• D) is more consistent with how companies calculated inventory in the past.

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Definitions:

Neuron

A specialized cell transmitting nerve impulses; a nerve cell, the fundamental unit of the nervous system encoding and transferring information.

Myelin Sheath

A protective covering that surrounds axons of many neurons, facilitating the faster transmission of electrical impulses along the nerve cells.

Dendrites

Extensions of neurons that receive signals from other neurons and transmit them toward the cell body.

Axon

A long, slender projection of a nerve cell, or neuron, that conducts electrical impulses away from the neuron's cell body to transmit information to different neurons, muscles, and glands.