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    Financial Accounting Study Set 1
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    Exam 6: Inventory
  5. Question
    What Is the Term Called That Describes the Decrease in Inventory
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What Is the Term Called That Describes the Decrease in Inventory

Question 11

Question 11

Short Answer

What is the term called that describes the decrease in inventory due to employee theft, customer theft,
and the damage, spillage, or spoilage of inventory items?

Correct Answer:

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