Which of the Following Is Often Used When Taking a Physical

question 148

Multiple Choice

Which of the following is often used when taking a physical inventory?

• A)Pre-numbered count sheets
• B)Tags to show what inventory has been counted
• C)Maps of the location of the inventory
• D)All of the above

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Definitions:

Mortgagee

The lender or financial institution that provides the loan in a mortgage agreement.

Mortgagor

The borrower in a mortgage loan agreement, who pledges real property as security for the repayment of the mortgage debt.

Tenancy In Common

Ownership of land by two or more people with equal, undivided interests in it.

Survivor

An individual who remains alive after an event in which others have died, or the person remaining after others have left or been removed from a situation.