The Perpetual Inventory Method of Tracking Inventory Is Considered Superior

question 112

Multiple Choice

The perpetual inventory method of tracking inventory is considered superior to the periodic method because the perpetual method:

• A) makes calculations easier and less technology can be deployed.
• B) tells what inventory a company should have at any point in time.
• C) saves a company from ever having to count the goods in inventory.
• D) is more consistent with how companies calculated inventory in the past.

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