单选题：Which one of the following statements about the use of a continuous inventory sy

题目内容：

Which one of the following statements about the use of a continuous inventory system is INCORRECT?

AIn a retail organisation, a continuous inventory system can be used to keep track of the quantity

of each stock item available in its distribution centres

BUnder continuous inventory, the cost of each receipt of inventory and the cost of each issue from inventory is recorded individually

CA continuous inventory system removes the need for periodic physical inventory counts.

DBoth the FIFO and average cost (AVCO) methods of pricing inventory may be used within

acontinuous inventory system

答案解析：

A company has decided to switch from using the FIFO method of inventory valuatio

A company has decided to switch from using the FIFO method of inventory valuation to using the average cost method(AVCO)

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