A Perpetual Inventory System Is Preferable to a Periodic System

Multiple Choice

A perpetual inventory system is preferable to a periodic system if adequately controlled and maintained because

A) it requires that a full inventory count be taken at year-end by all warehouse employees.
B) it allows management to calculate cost of goods sold at year end.
C) it provides information to management about inventory that approaches real-time.
D) it better controls the receipt of goods.