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  3. Study Set
    Fundamental Financial Accounting Concepts
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    Exam 4: Accounting for Merchandising Businesses
  5. Question
    For a Company That Uses a Perpetual Inventory System,a Physical
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For a Company That Uses a Perpetual Inventory System,a Physical

Question 109

Question 109

True/False

For a company that uses a perpetual inventory system,a physical count of the inventory can reveal the amount of inventory shrinkage the company has experienced.

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