The factor that determines whether or not goods should be included in a physical count of inventory is
A)physical possession.
B)ownership.
C)management's judgement.
D)whether or not the purchase price has been paid.

Question

Quizplus · Accepted Answer

Ownership is the key factor in determining whether goods should be included in a physical count of inventory, as it dictates the legal rights over the goods, regardless of physical possession or payment status.

The Factor That Determines Whether or Not Goods Should Be