Which Statement Is Correct for About Inventory Systems

Multiple Choice

Which statement is correct for about inventory systems?

A) The periodic inventory system provides more information to allow an enterprise to better manage its inventories.
B) Cost of goods sold is a not a calculated number under the periodic inventory system.
C) The final amounts reported in statements are the same under both the periodic and perpetual systems.
D) The periodic inventory system continuously updates information about the amount of inventory on hand.