Q78
Continuous stock taking is a part of ________.
A.
annual stock taking
B.
perpetual inventory
AnswerC.
ABC analysis
D.
VED analysis
Answer: Option B
Solution
Answer: Option B
Solution:
Continuous stock taking is a part of perpetual inventory. Perpetual inventory is a method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.