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Controls Which Provide a Means of Ensuring That the Physical

Question 21

Multiple Choice

Controls which provide a means of ensuring that the physical counts are properly summarised, priced at the same amount as the unit records, correctly extended and totalled, and included in the general ledger at the proper amount are known as:


A) pricing internal controls.
B) inventory compilation controls.
C) count quantity internal controls.
D) standard cost controls.

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