Why is it necessary to physically count inventory when the perpetual inventory method is being used?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 04:40 AM

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Why is it necessary to physically count inventory when the perpetual inventory method is being used?

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Accounting concepts and applications

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