If the perpetual inventory records show lower quantities of inventory than the physical count, an explanation of the difference might be unrecorded
A) Sales.
B) Sales discounts.
C) Purchases.
D) Purchase discounts.

Question

Quizplus · Accepted Answer

Unrecorded purchases would result in a higher physical count than the perpetual records, as the inventory received was not recorded in the system.

If the Perpetual Inventory Records Show Lower Quantities of Inventory