Perpetual Inventory System (Mr. Mola - BIBT)

Perpetual Inventory System (Mr. Mola - BIBT)

Professional Development

10 Qs

quiz-placeholder

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Perpetual Inventory System (Mr. Mola - BIBT)

Perpetual Inventory System (Mr. Mola - BIBT)

Assessment

Quiz

Professional Development

Professional Development

Easy

Created by

Ihosvanni Cuesta

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary advantage of a perpetual inventory system?

  • 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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