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.

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Definitions:

Appetite

A natural desire to satisfy a bodily need, especially for food.

Fat Cells

Cells specialized in storing energy in the form of fat, also known as adipocytes.

Leptin

A hormone produced by fat cells that regulates energy balance by inhibiting hunger, which helps to regulate body weight.

Appetite

The natural desire or need to eat, driven by biological, psychological, and social factors.