Question: Differences can occur between the quantity of inventory recorded in the company s books and records and the actual inventory in the warehouse. All of
Differences can occur between the quantity of inventory recorded in the companys books and records and the actual inventory in the warehouse. All of the following are possible reasons the books could be different than the actual inventory except for which one?
a
Inventory was stolen
b
Inventory purchased and received was not recorded
c
Items in the warehouse have been broken or lost
d
Sales to customer may have not been recorded
e
All of the above are possible reasons for the difference
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