17 of 24 Unsure 18 of 24 Unsure 19 of 24 Under which cost flow assumption would the statement of warmings normally report outdated cost of s 0 Weighted Ob Specific identication OC FIFO None of the other Which of the folowing atributes associated with a perpetual and a periodic inventory system is incorect? a. Computerized inventory systems and optical scanning equipment is an example of implementing a periodic inventory sy b. Historicany, the perpetual system has been considered more expensive and cuntersime mana Ce Historically, the perpetuat system has been associated with low volume, high value em Od. The perpetual system is better able to aid management in pricing and ordering inventory e. The perpetual inventory syste kely than the periodic inventory system to state inventory stresage aut rending inventory is understated by $6.000 at December 31, 2001, and assuming an income tax rate of 40%, then the balance of retained angsa Deber 11, 2 O wit be understated by $1.600 Ob. will be overstated by $3,600 Oe will be oversted by $2,400 Od wil be undersided by $2.400 Oe will not be affected