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What is the relationship between physical inventory management and a company's accounting processes? How involved should the accounting and finance departments be in assessing the

What is the relationship between physical inventory management and a company's accounting processes? How involved should the accounting and finance departments be in assessing the levels and value of current inventory, and why is this important to a company's success? What are the implications of acquiring a capital asset, and what is the accounting difference between ordinary inventory and owning a capital asset?

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