describe two or three reasons why inventory errors should not be ignored.
Explain what are arguments and give an that clearly details
August 7, 2017Describe the organization’s strategy toward change. What is the current mission, vision, and culture?
August 7, 2017Inventory errors can be viewed as self-correcting in the sense that they will have the opposite financial statement effect in the periods following the error, thus correcting the original account balance errors.In terms of this correcting feature, describe two or three reasons why inventory errors should not be ignored. Then describe the steps needed to correct these errors.Write 2-3 paragraphs as needed in a Word document.
