Estimating the value of inventory is not sufficiently accurate to justify using such an approach. Only a

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‘Estimating the value of inventory is not sufficiently accurate to justify using such an approach. Only a full physical stocktake can give full accuracy.’ Discuss.

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 25, 2019 05:04 AM

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Estimating the value of inventory is not sufficiently accurate to justify using such an approach. Only a

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Accounting

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