For Companies That Use a Perpetual Inventory System All of the Following

question 141

Multiple Choice

For companies that use a perpetual inventory system all of the following are purposes for taking a physical inventory except

• A) to check the accuracy of the records.
• B) to determine the amount of wasted raw materials.
• C) to determine losses due to employee theft.
• D) to determine ownership of the goods.

---

Definitions:

Stakeholders

Individuals or groups that have an interest or concern in an organization and can affect or be affected by the business's actions, objectives, and policies.

Marketing Implementation

The process of executing the marketing strategy and turning plans and strategies into marketing actions to accomplish strategic marketing objectives.

Strategic Market Planning

The process of defining marketing strategies and plans that can contribute to achieving competitive advantage and meeting organizational objectives.