5 hw 1 Question 1, SF5-1 (book/static) HW Score: 09, 0 of 34 points O Points: 0 of 3 For each statement below, identify whether the statement applies to the periodic inventory system, the perpetual inventory system, or both. a. Normally used for relatively inexpensive goods. b. Keeps a running computerized record of merchandise inventory. c. Achieves better control over merchandise inventory. d. Requires a physical count of inventory to determine the quantities on hand. e. Uses bar codes to keep up-to-the-minute records of inventory. Periodic inventory system, Perpetual Inventory system, or Both? Save