Choosing the most appropriate system of inventory control eliminates the need for the small business owner to conduct a periodic physical inventory count.

Question

Quizplus · Accepted Answer

Even with an appropriate system of inventory control, periodic physical inventory counts are necessary to verify system accuracy, account for shrinkage, and adjust for any discrepancies between the recorded inventory levels and the actual physical inventory.

Choosing the Most Appropriate System of Inventory Control Eliminates the Need