What Is the Main Difference Between Perpetual and Periodic Inventory

question 82

Essay

What is the main difference between perpetual and periodic inventory system?

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Definitions:

Supervisors

Individuals within an organization responsible for overseeing the work of others and ensuring tasks are completed effectively.

Line Organization

Organizational structure that establishes a direct flow of authority from the chief executive to subordinates.

Matrix Organizational Structure

An organizational structure that combines two or more types of organizational structures, typically functional and product-based divisions.

Hi-Tech

Referring to the latest technology and equipment that are both advanced and sophisticated.