Perpetual inventory system involves __________

A. bincard and stores ledger

B. bill of material and material requisition

C. purchase requisition and purchase order

D. inward and outward invoices

Answer: Option A

Solution(By Examveda Team)

Perpetual inventory system involves bincard and stores ledger. Perpetual Inventory System keeps a record of every now and then of materials. It comprises of Bin Card and Stores Ledger, to keep track of various items.