(Choose 1 answer)
Which statement is NOT true about Inventory Control?
A. The purpose of taking physical inventories is to find out what amounts of items are on hand and to work out its current market price.
B. To account for the cost of housekeeping operating assets used, physical inventories are conducted regularly.
C. The percentages obtained are then compared to the amounts budgeted.
D. The cost of items used are expensed suitable to the revenue produced for the different period of time.
