Question: A good inventory system will provide management with important information that is needed to manage and control inventory. Which of the following would NOT be

A good inventory system will provide management with important information that is needed to manage and control inventory. Which of the following would NOT be a key use of the information provided by a good inventory system?

a.Safeguarding the inventory from theft
b.Determining the cost of goods sold
c.Signaling the need to purchase additional inventory
d.Performing financial statement analysis

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