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Question 1 (4 points) Saved Perpetual inventory does not have this characteristic: a. Constantly updating the value of the inventory on-hand b. Verified at some

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Question 1 (4 points) Saved Perpetual inventory does not have this characteristic: a. Constantly updating the value of the inventory on-hand b. Verified at some point by a physical count. c. Used mainly by smaller companies. d. Utilizes scanners, computers, etc. a) Constantly updating the value of the inventory on-hand Ob) Verified at some point by a physical count. Oc) Used mainly by smaller companies. Od) Utilizes scanners, computers, etc. The specific identification inventory method: a. is often used to account for low priced items. b. has a flow of goods that matches the flow of cost. c. Both a and b above. d. Neither a nor b above. a) is often used to account for low priced items. b) has a flow of goods that matches the flow of cost. c) both a. and b. above. d) neither a. nor b. above

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