The Inventory Physical Count Gives the Company

Multiple Choice

The inventory physical count gives the company

A) inventory quantities that must be priced to arrive at the ending inventory balance reported on the balance sheet
B) inventory quantities that must be priced to arrive at the ending inventory balance reported on the income statement
C) inventory value that must be verified to the ending inventory balance reported on the balance sheet
D) inventory value that must be verified to the ending inventory balance reported on the income statement