The Perpetual Inventory System Is a System Which

question 123

Multiple Choice

The perpetual inventory system is a system which:

• A)updates inventory continuously.
• B)uses either FIFO,LIFO,weighted-average,or specific invoice method.
• C)never needs a physical inventory taken.
• D)both A and B.

---

Definitions:

Work Schedules

Refers to the planned hours and days that employees are expected to work, which can vary from standard 9-5 hours to shifts, flexible hours, and part-time or full-time arrangements.

Job Analysis

The method of researching and gathering data on the requirements and content of positions, along with the environment in which these positions are executed.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive work unit to enhance job satisfaction and performance.