The Primary Reason a Physical Inventory Is Taken Is To

Multiple Choice

The primary reason a physical inventory is taken is to:

A) Adjust the perpetual inventory record for unrecorded shrinkage losses.
B) Ensure the periodic inventory record is valued correctly.
C) Both ensure the periodic inventory record is being stored securely and that it is valued correctly.
D) Ensure the perpetual inventory record is being stored in a secure manner.