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    Fundamental Accounting Principles Study Set 1
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    A Perpetual Inventory System Is Able to Directly Measure and Monitor
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A Perpetual Inventory System Is Able to Directly Measure and Monitor

Question 10

Question 10

True/False

A perpetual inventory system is able to directly measure and monitor inventory shrinkage and there is no need for a physical count of inventory.

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