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What Is Perpetual Inventory System? |
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Answer» In BUSINESS and accounting/accountancy, PERPETUAL inventory or continuous inventory describes SYSTEMS of trading stock where information on inventory quantity and AVAILABILITY is updated on a continuous basis as a function of doing business. In business and accounting/accountancy, perpetual inventory or continuous inventory describes systems of trading stock where information on inventory quantity and availability is updated on a continuous basis as a function of doing business. |
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