Business Studies, asked by surajkumar8543, 9 months ago

Difference between continuous and periodic review inventory models

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Answered by ANANYAnanya

Answer:

To make a periodic inventory, you and your staff count the number of goods on hand at the end of the week or the month or the quarter. With continuous inventory, a computer tracks sales and keeps a running tally of quantities on hand. A continuous system is more accurate, but more costly.

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