Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Periodic inventory systems are used most commonly by companies that sell

Sagot :

shivjimishraVT

Periodic inventory systems are used most commonly by companies that sell low-priced, high-volume merchandise.

What do you mean by Periodic inventory systems?

Periodic inventory systems may be defined as a strategy of inventory valuation in which a material count of inventory is executed at specific intervals.

Periodic inventory systems regularly updated their inventory balance to analyze their expenditure, profit, and loss.

Therefore, periodic inventory systems are used most commonly by companies that sell low-priced, high-volume merchandise.

To learn more about Periodic inventory systems, refer to the link;

https://brainly.com/question/25887081

#SPJ4

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.