An advantage of the perpetual inventory system is that
A) clerical work is reduced.
B) the need to take a physical inventory is eliminated.
C) the balance of the Merchandise Inventory account is only accurate on the balance sheet date.
D) detailed data is available to respond to customers' inquiries about product availability.
D
You might also like to view...
Punitive damages:
A. are ordinarily available in contract cases. B. are not available if the plaintiff can sue in tort for a bad faith breach. C. do not allow plaintiffs to collect damages for injuries such as emotional distress. D. are recoverable only when extreme circumstances justify penalizing the defendant.
If a company assigns individual teams of salespeople to big retail customers, it most likely has a(n) ________ sales-force structure
A) undifferentiated B) product C) market D) territorial E) demographic
The StrengthsFinder approach is well-known from which organization?
a. General Electric b. General Motors c. Gallup d. Deloitte
Benchmarking is the comparison of a company's current year results with a previous year's performance
Indicate whether the statement is true or false