Which of the Following Statements Is True

Which of the following statements is true?

A) Under a periodic inventory system, an up-to-date record of the inventory balance is maintained.
B) If an inventory accounting system were to move from a periodic to a perpetual basis, stock-takes would have to be conducted more regularly.
C) Under a periodic inventory system, no record is maintained of items issued from inventory.
D) A periodic inventory system is preferable if a hotel is experiencing an inventory pilferage problem.
E) None of the above