Accounting for IGCSE & O level - Final Statements (Section 2 - No. 43)
Under a perpetual inventory system, what is the best way to find out the inventory on hand?
A physical count
Subtract the amount sold from the start inventory
Look at the inventory records
It depends on the kind of inventory being handled.
Spiegazione
A perpetual system always tracks the inventory, so the best way is to view the records.