During the last twelve months, the stock control and recording system of the retailing division has been computerized. Each garment is coded and, when sold, the code number, quantity and sales value are keyed on the cash till which is linked with the computer.

·surely·. a clothing store manager said to the accountant, 'there is no need for you to organize a physical stocktaking this yearend.

After all, we can now press a few keys on the computer terminal and see on the visual display unit what stock is held of each item, so I am sure you can obtain a computer print-out showing the quantities we have in stock'.

You are required, as the accountant to whom the above remark was made, to write a reply addressed to the manager