The Vendors List Contains Information About

question 22

Multiple Choice

The Vendors List contains information about:

• A)Addresses,contacts and phone numbers of customers
• B)Addresses,contacts and phone numbers for suppliers
• C)Quantities and prices of items on hand
• D)All the choices are correct

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Definitions:

Ending Inventory

Merchandise value set for sale at an accounting period's end.

Safeguarding Inventory

Safeguarding inventory involves implementing security measures and inventory management practices to protect goods from theft, damage, or loss.

Inventory Control

A management system that oversees the ordering, storage, and use of components that a company will use in the production of the items it will sell as well as the finished products the company will sell.

Theft

An act of stealing; specifically, the illegal taking and removing of personal property with intent to deprive the rightful owner of it.