An Advantage of Using the Periodic Inventory System Is That

question 90

True/False

An advantage of using the periodic inventory system is that it requires less recordkeeping than the perpetual inventory system.

---

Definitions:

Contingent Demand

Demand for a product or service that depends on the demand for another product or service.

Custom Cabinets

Bespoke cabinetry designed and built to fit the specific measurements and requirements of a particular space.

Green Enterprises

Denotes businesses that prioritize environmental sustainability in their operations, products, or services, often with a focus on minimizing ecological impact.

Derived Demand Inventory

Inventory levels that are determined by the demand for finished goods; it reflects the need for raw materials and components based on the finished product's demand.