Answer:
B) perpetual inventory record
Explanation:
Perpetual inventory record: This is a record of the quantity
of goods sold in a particular year . The record of the amount of goods sold helps the manager to know if there are changes in inventory, and tthe amount of goods at hand. It requires the recording of all purchases.
Perpetual inventory record is easy to take because it has involves recording of every unit of commodity sold in order to determine the amount of goods at hand at a particular time. It involves the immediate tracking of each quantity of goods sold to prevent goods from getting out-of-stock. It helps to eradicate Physical counting of products regularly before a manager can manage stock.
Perpetual inventory record basically is recording a every unit of goods sold and deducting it from the total stock to know the amount left at hand. It helps in decision making. The manager can decide faster either to restock a product or not. It also helps to track sales and know which product sells more at a time.
