$33$

TB MC Qu$.6-51($Static$)$ The perpetual Inventory method...

The perpetual inventory method of tracking inventory is considered superior to the periodic method because the perpetual method:

$1$ points

$800$:$08$:$17$

Multiple Choice

Skipped

makes calculations easier and less technology can be deployed.

saves a company from ever having to count the goods in inventory.

tells what inventory a company should have on hand at any point in time.

is more consistent with how companies calculated inventory in the past.