Sales are computed from audit data by adding beginning inventory to deliveries and subtracting ending inventory.

Name: Sales are computed from audit data by adding beginning inventory to deliveries and subtracting ending inventory.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This formula correctly calculates sales based on inventory and deliveries. Beginning inventory plus deliveries gives the total goods available for sale, and subtracting the ending inventory reveals the goods that were actually sold.

Sales Are Computed from Audit Data by Adding Beginning Inventory