Physical inventory counts are NOT necessary under a perpetual inventory system.

Name: Physical inventory counts are NOT necessary under a perpetual inventory system.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While physical inventory counts are not as necessary under a perpetual inventory system as they are under a periodic inventory system, they may still be necessary as a way to verify the accuracy of the inventory records and to identify any discrepancies or issues that need to be addressed.

Physical Inventory Counts Are NOT Necessary Under a Perpetual Inventory