eddyreynoso8214 eddyreynoso8214
  • 25-08-2020
  • Business
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True or false: A periodic inventory system allows management to determine the amount of goods on hand without having to take a physical count.

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Zviko
Zviko Zviko
  • 28-08-2020

Answer:

false

Explanation:

Goods stolen and damaged do not get scanned. None of these issues would be recognized by the computer.

Thus the physical inventory is always done in addition to any inventory system (whether periodic or perpetual) selected by the company.

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