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Under a perpetual inventory system,is it necessary to take a physical inventory at the end of the period? Why or why not?
Z-scores
Standardized scores that measure the distance of a score from the mean, indicating how many standard deviations an element is from the mean.
Standard Normal Distribution
A probability distribution that has a mean of 0 and a standard deviation of 1.
Greater Than
A mathematical expression indicating that one quantity is larger than another.
Z-scores
Standardized scores that measure how many standard deviations a data point is from the mean, used for comparison across different data sets or variables.
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