You have been the financial controller of a clothing retailer for ten years The companys year end is 31 March, and you are finalising the year end accounts You have recently been advised by the warehouse manager of a significant level of slow moving stock The stock is now more than nine months old and would normally have been written down some months previously The shareholders are trying to sell the company, and the managing director (the majority shareholder) has told you that it is not necess

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You have recently been advised by the Chief Operating Officer COO of a sig... View the full answer