Which of the following isnotan advantage of the perpetual inventory system over the periodic inventory system?

A. Inventory losses can be identified and controlled better under the perpetual system.

B. The inventory account balance can be easily determined for interim financial statements.

C. Advances in technology have lowered the cost of implementing a perpetual system.

D. The perpetual system eliminates the need for an annual inventory count.

E. There is not enough information to answer this question.