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Your company uses a perpetual inventory system to control its operations. They only check inventory once every six months. At the 6-month physical count, an
Your company uses a perpetual inventory system to control its operations. They only check inventory once every six months. At the 6-month physical count, an employee notices several inventory items missing and many damaged units. In the company records, it shows an inventory balance of Tk 300,000. The actual physical count values inventory at Tk 200,000. This is a significant difference in valuation and has jeopardized the future of the company. As an accounts manager, how might you avoid this large discrepancy in the future? Would a change in inventory systems benefit the company? Are you constrained
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