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    Exam 6: Merchandising Operations and the Multistep Income Statement
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    Companies Using a Perpetual Inventory System
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Companies Using a Perpetual Inventory System

Question 186

Question 186

Multiple Choice

Companies using a perpetual inventory system:


A) never physically count their inventory.
B) must count their inventory at least once a week.
C) still need to count their inventory at the end of the period.
D) never know the amount of inventory shrinkage.

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