or. The product is owne it is delivered from ABC i do you think will be th
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:ABC Company is using the inventory system managed by the
vendor. The product is owned and managed by the vendor
until it is delivered from ABC's distribution center to the stores.
What do you think will be the problems that ABC will encounter
in its purchases and payments process?
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