Question
a)Identify two possible reasons for discrepancies / variances between inventory general ledger figures and stock on hand figures as per the stocktake. B)What organisational policy,
a)Identify two possible reasons for discrepancies / variances between inventory general ledger figures and stock on hand figures as per the stocktake.
B)What organisational policy, procedure or practice should be performed prior to processing the adjustment for stocktake variances?
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
