0
What are 3 reasons why stock may vary from the original stock levels recorded?
Wiki User
∙ 7y ago
Here are some reasons why stock levels could vary from original records:
- Inventory miscount.
- Damaged stock removed but not recorded.
- Unauthorized stock removal, e.g. sales personnel for samples or theft
- Data entry error, e.g. wrong digit entered.
- Mis-pick, e.g. employee selected product from wrong location.
- Returned product not properly accounted for.
- In accurate delivery quantities against manifest
Wiki User
∙ 7y ago
Add your answer:
Earn +20 pts
What is journal entry for market price of stock?
stock is recorded at book value and not on market price in original books of accounts
What are the reasons for being a stockbroker?
what are the reasons for being a stock broker.
What is stock tacking?
I guess you are trying to ask the question " what is stock Taking?" If so, stock taking is the term used when you count your stock/inventory, and match it with the stock that is recorded in your books (these days it is recorded in your computer system). Most of the companies do stock takes half yearly and some do it annually.
Are non stock materials items in which no quantities are recorded in the material master?
Non-stock materials are items in which no quantities are recorded in the material master.
What are the reasons for holding stock?
reasons for holding stockSpeculative motivePrecautionary motiveTransaction motive
How does a bar code help a supermarket to monitor stock levels?
no
What actions should be taken as a result of stock variances?
Variance should be recorded Stock of Goods Dr. Opening Closing stock variance Cr.
What are three reasons to buy Caterpillar Stock?
There are many reasons to buy Caterpillar Stock. Caterpillar Stock is a great long term investment. Their financial performance always rewards their stockholders. It is also a recognized leader everywhere it does business.
The conversion of preferred stock may be recorded by the?
book value method
What are two reasons companies like to issue stock?
g
Why do supermarkets use Epos?
They use EPOS to control stock levels
How do you Evaluate economic order quantity contributes to the maintenance to the stock levels?
economic order quantity contributes to the control of stock
