Which of the following statements is true regarding perpetual inventory?

It will show the partial number of units of a drug at a particular moment in time
It will show the actual number of units of a drug at a particular moment in time
It will be recorded for a minimum of five years
None of these are correct

It will show the actual number of units of a drug at a particular moment in time

Rationale: A perpetual inventory must show the actual number of units of a drug at a particular moment in time. Inventory records are continually updated to account for additions to and subtractions from inventory.