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H3Ko H3Ko
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8 years ago
Which of the following statements is true of a good merchandise inventory control system?
A) It ensures that a physical count of inventory is not required.
B) It eliminates the need for authorization of merchandise purchases.
C) It eliminates the need to examine inventory purchases for damage.
D) It often prevents the company from a stockout.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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H3Ko Author
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#2
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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