Question

A physical inventory is used to a.investigate major errors. b.help prevent employee thefts or misuses of inventory. cpare actual inventory to book inventory. d.All of these choices are correct.

Answer 1

Answer:

D- all of these choices are correct

Explanation:

A physical inventory is the physical counting of the goods in stock. This is often used to investigate errors or thefts when auditing works are needed to be carried out by auditors hired by the organisation. The receipts of goods bought are also usually used to check what’s in stock and make sure they both tally with each other.