When Is a Physical Inventory Usually Taken

question 61

Multiple Choice

When is a physical inventory usually taken?

• A)When goods are not being sold or received.
• B)When the company has its greatest amount of inventory.
• C)At the end of the company's fiscal year.
• D)When the company has its greatest amount of inventory and at the end of the company's fiscal year.

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Definitions:

Radiology

A medical specialty that uses imaging techniques such as X-rays, CT scans, and MRI to diagnose and sometimes treat diseases.

Roentgen Diagnosis

The use of X-rays to diagnose diseases or abnormalities within the body, named after Wilhelm Roentgen who discovered X-rays.

Roentgen Therapy

A form of radiation therapy using X-rays for treating diseases, named after physicist Wilhelm Röntgen.

Ionization

The method through which an atom or molecule obtains a positive or negative charge by the addition or removal of electrons.