"Shrinkage" of inventory includes:
A)reduced unit value.
B)theft.
C)obsolescence.
D)misplacement.

Name: "Shrinkage" of inventory includes: A)reduced unit value. B)theft. C)obsolescence. D)misplacement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Shrinkage of inventory typically refers to the loss of inventory that can occur from theft, damage, or errors, but in the options provided, theft is the only factor directly associated with shrinkage.

"Shrinkage" of Inventory Includes