Which of the Following General Statements About Inventory Is True

Multiple Choice

Which of the following general statements about inventory is true -

A) Sage 50 Accounting uses a weighted average perpetual inventory method as the default method of costing
B) the selling price refers to a single unit, while value refers to cost of the entire stock
C) a variance account adjusts the difference between cost of an item sold and the new purchase price
D) all of the above