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Perpetual Inventory |
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Perpetual inventory Perpetual Inventory A standard of accounting inventory on a daily basis, as opposed to a weekly or monthly basis. At the end of a day, a company using perpetual inventory changes the inventory that appears on its records to reflect the most current amount. This can be inconvenient to count, but allows the company to constantly maintain accurate data. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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