1. What are the two methods of recording inventory (as discussed in chapter 5) ? 2. Which method is used by most companies and why? 3. What technology do companies use for inventory purposes in other words, how do they keep an accurate record of what comes in and what is sold)? 1. What are the two methods of recording inventory (as discussed in chapter 5) ? 2. Which method is used by most companies and why? 3. What technology do companies use for inventory purposes in other words, how do they keep an accurate record of what comes in and what is sold)