【单选题】The following are true of a periodic inventory system except that______.
A.
under a periodic inventory system, cost of goods sold and ending stock are determined at the end of the accounting period
B.
a periodic inventory system is generally used when the stock consists of a large number of relatively low cost items
C.
a periodic inventory system has the advantage of providing cost of goods sold and stock on hand at any time during the period
D.
under a periodic inventory system, a physical stock count should be taken at least once in the accounting period, usually at the end of the accounting period