Which of the Following Statements Is True About the Perpetual

Which of the following statements is true about the perpetual inventory system?

A) The only way that the amount of inventory on hand can be ascertained is by performing a physical stock take
B) The cost of goods sold figure can be determined from the detailed and accurate inventory records
C) There is a no continuous record of how much inventory is on hand at any particular point in time.
D) The cost of goods sold figure cannot be determined from the detailed and accurate inventory records