Ask Question
28 May, 10:48

The primary objectives of control over inventory are a. reporting inventory in the financial statements and taking a physical inventory b. safeguarding inventory from damage and reporting inventory in the financial statements c. safeguarding the inventory from damage and maintaining constant observation of the inventory d. maintaining constant observation of the inventory and reporting inventory in the financial statements

+5
Answers (1)
  1. 28 May, 11:55
    0
    Answer: The correct answer is "b."

    Explanation: The primary objectives of control over inventory are safeguarding inventory from damage and reporting inventory in the financial statements.

    An inventory control within a company is used for efficient management of the circulation and storage of goods and related information flow.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The primary objectives of control over inventory are a. reporting inventory in the financial statements and taking a physical inventory b. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers