A perpetual inventory system is preferable to a periodic system if adequately controlled and maintained because of which of the following?
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 where book inventory is continuously in agreement with inventory on hand within specified time periods.
d. It better controls the receipt of goods.
c
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