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AA controls tests.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › AA controls tests.

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Kim Smith.
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    Posts
  • July 18, 2021 at 3:40 pm #628204
    abokor
    Participant
    • Topics: 82
    • Replies: 114
    • ☆☆

    Hello hope u are well Kim.

    the sentence below is an extract from BPP kit

    ”Monthly perpetual inventory counts are undertaken at each of the nine warehouses, as a
    full year-end inventory count is too disruptive for the company.”

    what does the monthly perpetual inventory count mean exactly in the sentence.
    does it mean that inventory records are updated monthly or does it mean that full count is done each month. hope u got my point

    July 18, 2021 at 4:52 pm #628235
    Kim Smith
    Keymaster
    • Topics: 102
    • Replies: 6943
    • ☆☆☆☆☆

    Please try this post as I am away until Friday https://opentuition.com/topic/continuous-perpetualinventory-count

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