Flores Department Store Currently Uses the Periodic Inventory System

question 203

Essay

Flores Department Store currently uses the periodic inventory system.
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Required
Explain what the advantages would be to Flores if it uses the perpetual inventory system.Assume that Flores can use a computer system that is linked to its cash registers and that all products have bar codes that can be read by bar code readers attached to the cash registers.

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Definitions:

Enterprise Network

An organization’s network, which is composed of interconnected multiple LANs and WANs.

Traditional Network

A communication framework that relies on physical infrastructure and basic software for connectivity and data transfer among users.

SDN

Software-Defined Networking, a networking approach that allows networks to be intelligently and centrally controlled, or 'programmed,' using software applications.

CIO

Stands for Chief Information Officer, a senior executive responsible for managing an organization's information technology strategy.