Which of the following is a characteristic of a Periodic inventory system?

A characteristic of a Periodic inventory system is that it relies on scheduled evaluations. In this system, inventory levels are not continuously monitored; instead, physical counts of inventory are conducted at specific intervals, such as weekly, monthly, or quarterly. These evaluations help in understanding how much inventory is on hand and provide insights into ordering needs. This method allows for easier management of stock levels over time but does not provide real-time visibility into inventory levels like other systems might.

The other options represent different inventory management strategies: continuous monitoring involves real-time tracking of inventory, just-in-time ordering focuses on receiving goods only as they are needed, and zero-based counting is a method where inventory is counted from scratch rather than based on previous records. None of these are central features of a periodic inventory system.