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In a perpetual inventory system, the actual amount of inventory on hand may differ from what the books show because of OA. errors in recording inventory. OB. damaged goods. OC. theft of goods D. all of those listed. KID

In a perpetual inventory system, the actual amount of inventory on hand may differ from what the books show because of OA. errors in recording inventory. OB. damaged goods. OC. theft of goods D. all of those listed. KID

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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K In a perpetual inventory system, the actual amount of inventory on hand may differ from what the books show because of OA. errors in recording inventory. OB. damaged goods. OC. theft of goods. OD. all of those listed. 4
Transcribed Image Text:K In a perpetual inventory system, the actual amount of inventory on hand may differ from what the books show because of OA. errors in recording inventory. OB. damaged goods. OC. theft of goods. OD. all of those listed. 4
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