As the perpetual inventory system continuously updates the inventory account, a physical inventory count is necessary to prove the inventory records.

Name: As the perpetual inventory system continuously updates the inventory account, a physical inventory count is necessary to prove the inventory records.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Even with a perpetual inventory system, discrepancies can occur due to theft, loss, or errors, so a physical count is necessary to ensure accuracy.

As the Perpetual Inventory System Continuously Updates the Inventory Account