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Which describes the purpose for maintaining an inventory system?
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∙ 10y ago
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∙ 10y ago
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What is the purpose of a complete POS system?
The purpose of a complete POS system is to have complete inventory management in a chain of stores. As sales are made and inventory decreases, an order is immediately made for additional product to be delivered to the store.
History of inventory system?
The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.
What is NEPA inventory system?
nepa inventory system
Discuss the features of computer based inventory system?
COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM
What is an example of the external financial reporting purpose of cost management system?
The amount of inventory that should appear on the balance sheet
What is the primary purpose of financial accounting?
Accounting is a system of maintaining records of a companies operations and communicating that information to decision makers.
What is merchandise inventory system?
Merchandise inventory:
How do you ask questions regarding inventory system?
what are the possible questions for inventory system?
What is the purpose of a network inventory system?
Network inventory systems allow one to keep track of devices connected to a particular network. It allows one to manage their computer network and potentially reduce downtime.
What methods do not require a physical inventory periodic inventory system perpetual inventory method retail method or gross profit method?
periodic inventory system
What are the disadvantages of periodic inventory system?
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
What are the disadvantages of a periodic inventory system?
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
