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A store's screen shows stock, orders, sales and receipts updating as they happen. This record is a:
APhysical inventory
BPerpetual inventory
CPeriodic inventory
DPersonal inventory
Answer & Solution
Correct answer: B. Perpetual inventory
1. It never waits for a stock count.
2. It covers all major items.
3. It is a perpetual inventory.
_Source: OpenStax Introduction to Business, Chapter 10, Achieving World-Class Operations Management._
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