Question: Song Yee wonders why a physical inventory count is necessary in a perpetual inventory system. After all, the accounting records show how much inventory is
Song Yee wonders why a physical inventory count is necessary in a perpetual inventory system. After all, the accounting records show how much inventory is on hand. Explain why a physical inventory count is required in a perpetual inventory system.
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A physical count is an important control feature By us... View full answer
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