If the Beginning Balance (BB)equals the Ending Balance (EB),then the Transfers In (TI)equal the Transfers Out (TO).

Name: If the Beginning Balance (BB)equals the Ending Balance (EB),then the Transfers In (TI)equal the Transfers Out (TO).
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Question

Quizplus · Accepted Answer

This statement is true. If there is no change in the inventory balances, then the amount of transfers in must equal the amount of transfers out in order for the beginning and ending balances to be the same.