Under ………… a continuous record of receipt and issue of materials is maintained by the stores department and the information about the stock of material is always available

Q. Under ………… a continuous record of receipt and issue of materials is maintained by the stores department and the information about the stock of material is always available.

A.            Perpetual Inventory System

B.            Continuous Stock Taking

C.            Periodic Inventory System

D.            Just in time

Answer: Perpetual Inventory System