Perpetual versus Periodic Inventory Systems

Perpetual versus Periodic Inventory Systems

Describe the perpetual and the periodic inventory systems. How are they different? Are there circumstances in which one system is better than the other? Include real-life examples. Your initial post should be 200-250 words.

Guided Response: Respond to at least two of your classmates’ posts. Rationalize or challenge opinions of others. Include alternate opinions, ideas, and/or additional aspects and considerations.