True or False: It is important to physically count inventory,at least periodically,even in a perpetual inventory system.

Question

Quizplus · Accepted Answer

Even with a perpetual inventory system, physical counting of inventory is important to ensure accuracy of the system and catch any discrepancies or errors. It helps to identify any shrinkage or theft in the inventory. Regular physical counting also helps in adjusting inventories and keeping it updated in the system.

True or False: It Is Important to Physically Count Inventory,at