Question

In: Accounting

Choose and describe a business that would have a significant amount of inventory and share a...

Choose and describe a business that would have a significant amount of inventory and share a photo of that business (or company logo). Briefly explain whether you expect the business uses a periodic or perpetual inventory system, and why.

If the image is not your own, be sure to cite the source in your description.

Solutions

Expert Solution

Answer:

Never-ending stock framework has a greater number of highlights and progression than intermittent stock framework. Never-ending stock is a technique for representing stock that keeps up the records of offer or buy of stock through an automated purpose of offer framework and venture resource administration programming.

It gives profoundly detail perspective of stock changes and reflect precisely points of interest of products available.

An interminable stock framework is prevalent than more seasoned intermittent stock framework since it takes into account quick following of offers and stock levels of individual things.

It doesn't to modify physically. Following are favorable position of unending stock framework:

* Prevent stock out

* Give entrepreneur an unmistakable comprehension of client inclination

* Provide more noteworthy precision as records are keep up on PC and ERP programming's

* Reduce physical stock check

* Provide important data like deals, buy and rebates.


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