periodic inventory

English

Noun

periodic inventory

  1. (accounting) 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.
    Coordinate term: perpetual inventory

Translations

See also

  • cycle count

Further reading

This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.