A physical count of inventory is required even though the company uses the perpetual inventory system.What internal activity control is this an example of?

Name: A physical count of inventory is required even though the company uses the perpetual inventory system.What internal activity control is this an example of?
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Question

Quizplus · Accepted Answer

The physical count of inventory is a check on recorded amounts in the perpetual inventory system. It ensures that the recorded amount is accurate and matches the actual physical count.

A Physical Count of Inventory Is Required Even Though the Company