Which of the following is a reason the retail inventory method is widely used? To...
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Accounting
Which of the following is a reason the retail inventory method is widely used? To permit the computation of net income without a physical count of inventory. As a method to identify responsible parties when there's an inventory shortage. As a method to defer income tax liability. So that the company need never make a physical count of the inventory. 
Which of the following is a reason the retail inventory method is widely used?
To permit the computation of net income without a physical count of inventory.
As a method to identify responsible parties when there's an inventory shortage.
As a method to defer income tax liability.
So that the company need never make a physical count of the inventory.
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