The Perpetual Inventory Method of Tracking Inventory Is Considered Superior

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 on hand 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.