Which of the following is not a feature of periodic inventory record system?
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- Which of the following is not a feature of perpetual inventory record system?
- Which of the following methods of the inventory record system ensures greater accuracy?
- The system in which continuous record of receipt and issue of materials is maintained by the stores departm...
- Stock verification sheets are maintained to record the result of _____ verification.
- The difference in the quantity of stock as shown in the books and as lying in the store is taken as _______...
- S Ltd. follows perpetual inventory system. On March 31 of every year, the company undertakes physical inven...
- The number of correct records/number of records checked X 100 =
- Which of the following phases in the information system life cycle has two aspects, the design of the datab...