Question: The introduction to this chapter suggests that the chapter will explore the answers to some questions about inventory. Did you get the answers to those

The introduction to this chapter suggests that the chapter will explore the answers to some questions about inventory. Did you get the answers to those questions? Specifically,
a. Why does inventory need to be counted?
b. What would happen if the count was done incorrectly?
c. What does the term FIFO have to do with inventory?

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