The factor that determines whether goods should be included in a physical count of inventory is a.

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The factor that determines whether goods should be included in a physical count of inventory is

a. management's judgment.

b. physical possession.

c. whether or not the purchase price has been paid.

d. legal title.

Related Book For answer-question

Financial Accounting Information for Decisions

ISBN: 978-1259533006

8th edition

Authors: John J. Wild

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Posted Date: Apr 27, 2022 12:16 AM

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The factor that determines whether goods should be included in a physical count of inventory is a.

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Answer b legal title Reason Only goods over which the ... View the full answer

Financial Accounting Information for Decisions

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