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).
AppendixLO1
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Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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