Which of These Is Not an Advantage of the Perpetual

question 24

Multiple Choice

Which of these is not an advantage of the perpetual inventory system?

• A)Allows stock losses to be identified
• B)Provides reordering information
• C)Allows cost of sales to be calculated at any time
• D)A stock-take never has to be carried out

Understand the effects of price expectations on consumer behavior and market dynamics.

Grasp the concept of supply and demand and how market equilibrium is affected by shifts in these curves.

Identify and differentiate between complements and substitutes in production and consumption.

Analyze the impact of technological changes and input prices on supply and market equilibrium.