If a Difference Is Found Between the Physical Count and the Amount

question 61

Multiple Choice

If a difference is found between the physical count and the amount in the perpetual inventory records, an adjusting entry is made to which of the following accounts?

• A) Inventory Short and Over
• B) Purchases
• C) Accounts Payable
• D) Accounts Receivable

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Definitions:

Eyespots

Distinctive markings on some animals, serving as a form of mimicry or camouflage.

Good Genes Hypothesis

A theory in evolutionary biology suggesting that individuals with favorable genetic traits are more attractive to the opposite sex because those traits are associated with better health or greater survivability.

Opportunity for Selection

The potential for natural selection to act on a population, often quantified by the variance in reproductive success among individuals.

Individual Variation

Differences in characteristics such as traits, behaviors, or genetics among members of a single species or population.