What is the primary advantage of a perpetual inventory system?
Perpetual Inventory System (Mr. Mola - BIBT)

Quiz
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Professional Development
•
Professional Development
•
Easy
Ihosvanni Cuesta
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reducing employee turnover
Real-time inventory tracking
Lowering employee salaries
Enhancing customer service
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a perpetual inventory system help minimize stockouts and overstocking?
By hiring more staff
By increasing product prices
By reducing the number of products offered
Through real-time visibility of inventory levels
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which technology is commonly used in a perpetual inventory system to improve inventory accuracy?
Manual ledger books
Fax machines
Barcode scanners and POS systems
Physical stock checks only
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a perpetual inventory system streamline the reordering and restocking process?
By generating automatic reorder notifications
By delaying order placements
By increasing the number of suppliers
By reducing the variety of products
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of data does a perpetual inventory system provide for analysis and reporting?
Customer personal information
Office building maintenance schedules
Employee performance data
Sales trends and product performance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential disadvantage related to the initial setup of a perpetual inventory system?
Increased customer complaints
Upfront investment in technology infrastructure
Decreased product quality
Higher employee turnover
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential ongoing cost associated with a perpetual inventory system?
Cost of employee training
Cost of technology maintenance and support
Cost of product returns
Cost of marketing campaigns
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