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Which of the following statement about inventory count is true? a. Inventory count must be carried out at yearend D. For companies using periodic inventory

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Which of the following statement about inventory count is true? a. Inventory count must be carried out at yearend D. For companies using periodic inventory system, results from inventory count determines COGS C. Auditors may give the list of inventory that are to be sampled to client's warehouse staff to increase the efficiency of their inventory count Cd Consignment goods must be physically examined by the auditors

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