Compare and Contrast a Perpetual and a Periodic Inventory System

question 87

Essay

Compare and contrast a perpetual and a periodic inventory system. What factors should a company take into consideration when deciding which system to use?

---

Definitions:

Morphology

The study of the configuration or structure of living organisms.

Metastatic

Pertains to the process by which cancer cells spread from the original site to other parts of the body.

Benign Lipomatous Neoplasm

A non-cancerous tumor made up of fat cells, often occurring just beneath the skin in various parts of the body.

Kidney

A pair of organs located in the abdominal cavity responsible for filtering waste from the blood and producing urine.