When is a physical inventory usually taken? (a) When the company has its greatest amount of inventory.

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When is a physical inventory usually taken?

(a) When the company has its greatest amount of inventory.

(b) When a limited number of goods are being sold or received.

(c) At the end of the company’s fiscal year.

(d) Both (b) and (c).

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Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel

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