45. Which statement is false? A) Taking a physical inventory involves actually counting, weighing, or measuring each kind of inventory on B) No matter whether a periodic or perpetual inventory system is used, all companies need to d quantities at the end of each accounting period. An inventory count is generally more accurate when goods are not being sold or received during the counting mpanies that use a perpetual inventory system must take a physical inventory to determine inventory on hand on the balance sheet date and to determine cost of goods sold for the accounting C) period. What is the rationale for the internal control principle, segregation of duties? A) History has shown that employees are generally dishonest B) The work of one employee should, without duplication of effort, provide a reliable basis for evaluating the work of 42. and th us cannot be entrusted with performing related duties. another employee. C) Control is most effective when only one person is responsible for a give task. D) Segregation of duties causes companies to hire more employees and thus it supports the economy