When is a physical inventory usually taken? (a) When the company has its greatest amount of inventory.
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When is a physical inventory usually taken?
(a) When the company has its greatest amount of inventory.
(b) When a limited number of goods are being sold or received.
(c) At the end of the company’s fiscal year.
(d) Both (b) and (c).
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d A physical inventory is usually taken when a limited number of g...View the full answer
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Related Book For
Financial Accounting
ISBN: 9781119298229,9781119305842
10th Edition
Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel
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