Negative attitude can lead to high turnover
Answer: The correct answer is "B. Are necessary to adjust the Inventory account to the actual inventory available."
Explanation: Physical counts of inventory are necessary to adjust the Inventory account to the actual inventory available.
Physical inventory counts are generally performed at the end of an accounting period to adjust the accounting balance to the actual physical amount of inventory as it may differ due to missing, lost, stolen, decreased, etc.
<span>A brand developed by a retailer and/or wholesaler that is available only in selected retail outlets is called a private-label brand. Private label branding is manufacturing of goods/ services by one company but it is known by the name of another one. The benefits of such an economical strategy are : the competition is reduced, whereas margins are increased as well as customers' loyalty.<span>
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