The inventory system whereby the merchandise inventory account balance is merely a record of the most recent physical inventory count is called the:

Name: The inventory system whereby the merchandise inventory account balance is merely a record of the most recent physical inventory count is called the:
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

The Answer of The inventory system whereby the merchandise inventory account balance is merely a record of the most recent physical inventory count is called the:

The Inventory System Whereby the Merchandise Inventory Account Balance Is