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    Business
  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 5: Reporting and Analyzing Inventories
  5. Question
    Not Many Companies Take a Physical Count of Inventory Each
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Not Many Companies Take a Physical Count of Inventory Each

Question 31

Question 31

True/False

Not many companies take a physical count of inventory each year as they rely primarily on inventory records alone to determine the inventory value.

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