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In his retail store, Jose’s point-of-sale software relieves inventory for each item purchased. At any time, Jose can look at the inventory records on his computer and know exactly how many of each item are in stock. This type of inventory system is called: ____ (A) cycle counting. (B) perpetual. (C) physical. (D) two-bin.

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Answer:

The correct answer is b) Perpetual

Explanation:

The perpetual inventory system is an accounting method for inventory, that registers the sales and purchases of a specific inventory immediately by the company management software. It shows detailly the changes in inventory and presents immediately report of the stock inventory left.

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