MC Qu. 53 Which of the following statements.. Which of the following statements regarding shrinkage is not correct? O Perpetual Inventory systems can help managers detect shrinkage. O Shrinkage is another term for inventory loss due to theft, error, or fraued. O Shrinkage is detected by comparing the balance in the inventory ledger account and the resuls cf O it is easier to detect shrinkage in a periodic inventory system than in a perpetual inventory system References Mc Qu. 53 Which of the following statements Multiple Choice