A Major Advantage of the Retail Inventory Method Is That

Multiple Choice

A major advantage of the retail inventory method is that it

A) provides reliable results in cases where the distribution of items in the inventory is different from that of items sold during the period.
B) hides costs from competitors and customers.
C) gives a more accurate statement of inventory costs than other methods.
D) provides a method for inventory control and facilitates determination of the periodic inventory for certain types of companies.