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What is perpetual and periodic stock taking method?
this is where stock taking is done continously
What is perpetual stock- taking?
It is the use of record card for each item of stocks that shows the balance in hand after each transaction.
Is Taking a physical count of inventory necessary when the periodic inventory system is used?
Yes Yes Yes Physical inventory will allow to validate book inventory system. The gaops may be because of errors or worse pilferage, spoilage etc. Both the system are required for effective controls
Give two types of stock taking you know?
physical periodic
What are the importances of physical inventory?
There are many different reasons why taking physical inventory is important. This is most important because it can differ from what is on record.
How does a company that uses the perpetual inventory system determine the amount of inventory shrinkage?
By taking a physical count. They will take their recorded amount and subtract the physical count to analyze inventory shrinkage.
Methods of stock taking?
Annual stock taking-done once a year and it si done for the purpose of preparing financial accounts. Spot cheecking Perpetual stock taking
What is perpetual and periodic stock taking method?
this is where stock taking is done continously
What is the purpose of the Digestive System?
taking food and distrubute vitamines through out your body
What is the act of taking an adult or juvenile into physical custody by authority of law for the purpose of charging the person with a criminal offence?
An ARREST.
What is perpetual stock- taking?
It is the use of record card for each item of stocks that shows the balance in hand after each transaction.
What is the purpose of taking placebo?
The purpose of taking placebo is so that a person can think that they are doing the real thing. This is a pill.
Is Taking a physical count of inventory necessary when the periodic inventory system is used?
Yes Yes Yes Physical inventory will allow to validate book inventory system. The gaops may be because of errors or worse pilferage, spoilage etc. Both the system are required for effective controls
How do you know when a physical change is taking place?
The best way to know when a physical change is taking place is to observe. There will be a visible change in physical changes.
What is the purpose of the PT test?
The purpose of the Physical Fitness Test (PT test) is to assess and evaluate the physical fitness and readiness of military personnel. It helps ensure that individuals meet the required physical standards for their respective military branch and can perform their duties effectively.
How do you apply physical DFDs?
To apply physical DFDs, you need to identify the specific hardware and software components that will be involved in the system. You will map out how data flows between these components, taking into account the physical locations and connections between them. This will help you understand the actual implementation of the system and ensure all necessary resources are accounted for.
What are the purpose of taking antibiotic?
To stop infection
