periodic inventory
periodic inventory · periodic inventories
A system of assessing a business' inventory in which updates are made on a periodic…A system of assessing a business' inventory in which updates are made on a periodic basis, so that a completely accurate account is only available immediately after the update.
Meaning
1 sensesA system of assessing a business' inventory in which updates are made on a periodic basis, so that a completely accurate account is only available immediately after the update.
Translations
2 languagesForms
plural: periodic inventories| Singular | periodic inventory |
|---|---|
| Plural | periodic inventories |
regular