Answer:
A physical inventory is usually taken when goods are not being sold or received and at the end of the company’s fiscal year.
Explanation:
Physical inventory is a procedure which represents a physical count of the entire inventory of a company. It is usually performed once a year, closer to the end of the year. Inventory is performed to provide accurate accounting data and find differences between what is currently in the company physical stock and what is reflected in the accounting system. Also, the physical inventory is usually done when all inventory movements are stopped (when goods are not being sold or received) in order to ensure excellent accuracy.
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explanation:
Answer:
Primary election helps voters of any given political party to weigh in on the candidates within their political party and then vote to decide which of the candidates will best representative the party. This is true for both state and federal level elections.
Explanation:
Primaries, a very important stage of our voting system, are conducted for most public offices where there are multiple candidates contesting the same position. Usually candidates from the same political party. Primaries tends to present an opportunity for voters to consider the issues that matters most to them and then vote for a candidates who fits the criteria. During a primary, voters narrow down their options and elect a representative for a political position in the Election proper.