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A Retail Operation Would Not Have to Take a Physical

question 175

True/False

A retail operation would not have to take a physical inventory if it uses a perpetual inventory system.


Definitions:

Information Channel

The medium through which information is transmitted from one place, person, or group to another.

Upward Communication

The process by which information or feedback travels from lower levels of a hierarchy to higher levels within an organization.

Supervisors

Individuals in an organization responsible for overseeing and managing the activities and performance of a team or department.

Employees

Individuals hired by an organization or company to perform specific duties.

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