Which of the following is not a legitimate business reason for taking a physical inventory? To determine if any inventory has been lost from waste, shoplifting, or employee theft To determine cost of goods sold To verify the profitability of individual inventory items To check the accuracy of the perpetual inventory records

Which of the following is not a legitimate business reason for taking a physical inventory?
     To determine if any inventory has been lost from waste, shoplifting, or employee theft
     To determine cost of goods sold
     To verify the profitability of individual inventory items
     To check the accuracy of the perpetual inventory records
                                        

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