Multiple Choice
Which of these is not a possible source of error in calculating closing inventory?
A) An incorrect cut-off between accounting periods.
B) Mistakes in counting during the stocktake.
C) Mistakes in the price at which the goods are sold to customers.
D) Mistakes in dealing with goods on consignment.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: A physical stocktake is carried out:<br>A) only
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Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3115/.jpg" alt=" A) Land held
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