Which of the Following Is NOT an Advantage of the Perpetual

question 6

Multiple Choice

Which of the following is NOT an advantage of the perpetual inventory system over the periodic inventory system?

• A) The perpetual inventory system discloses inventory shortages.
• B) The perpetual inventory system is less costly to maintain.
• C) The perpetual inventory system provides a continuous record of cost of goods sold.
• D) The perpetual inventory system provides better control of the asset inventory.

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