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Which is not an advantage of using a perpetual inventory

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Reference no: EM132600718

Question 1: Which of the following is not an advantage of using a perpetual inventory system instead of a periodic inventory system?

Option 1: It provides more up-to-date information for decision-making.

Option 2: A cost of goods sold figure can be obtained at any point in time during the period.

Option 3: An estimate of the number of units on hand can be obtained at any point in time during the period.

Option 4: There is no need to do A physical inventory count

Reference no: EM132600718

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