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Inventory shrinkage is: O a. the reduction in the inventory levels by management due to projected loss in a fiscal year. O b. the

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Inventory shrinkage is: O a. the reduction in the inventory levels by management due to projected loss in a fiscal year. O b. the amount of inventory that is not recorded in the computer records but found during physical count. O c. a type of perishable inventory that is sold at loss as it diminishes due to environmental changes. O d. the amount by which inventory diminishes due to theft, misplacement, loss, or mismarking.

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