When the quantity of inventory on hand does not match the perpetual inventory records, it could mean that:

i $-$ Inventory was stolen ii $-$ Inventory was miscounted

ill $-$ Incorrect quantities were recorded

iv $-$ Sales return transactions were not properly recorded

Select one:

$$ a$.$ iv only

O b$.$ i$,$ ii$,$ ili, or iv O c$.$ i$,$ ii$,$ or ili

$$ d$.$ None of the available choices