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    Financial Accounting Study Set 2
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    Exam 7: Inventory and the Cost of Sales
  5. Question
    The Inventory Shrinkage Account Is
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The Inventory Shrinkage Account Is

Question 34

Question 34

Multiple Choice

The inventory shrinkage account is


A) Used only with the perpetual inventory method
B) A permanent (real) account
C) A balance sheet account
D) Used only with the periodic inventory method

Correct Answer:

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