The Best Solution for Maintaining Accurate Automated Perpetual Inventory System

question 32

Multiple Choice

The best solution for maintaining accurate automated perpetual inventory system is to use

• A)closed-loop verification when inventory is received from vendors and recorded.
• B)point of sale devices integrated with inventory records.
• C)periodic physical counts to reconcile with perpetual inventory records.
• D)RFID tags.

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Definitions:

World Trade Organization

An international organization established in 1995 to regulate international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Modernization Theory

A theory that argues that societies progress linearly from traditional to modern states and that economic development brings about positive social and cultural changes.

European Hegemony

Describes the period or condition where European powers dominated world politics, economics, and culture, often through colonization and imperialism.

Cold War

The period of geopolitical tension between the Soviet Union and the United States and their respective allies, from the end of World War II until the dissolution of the Soviet Union in 1991.