Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

In the scenario from question 1, no product was lost or consumed so the net balance remained the same. Why would an organization need to account for location changes of their inventory? Provide a Mathematical example to support your rationale.

Sagot :

Martebi

Organization need to account for location changes of their inventory because the control of Inventory helps them to know the amount of inventory  that they have.

What is inventory location?

An Inventory locations is known to be seen as places where inventory is said to be saved and where it is distributed.

Note that Organization need to account for location changes of their inventory because the control of Inventory helps them to know the maximum amount of profit as it is gotten from the least amount of investment in stock without influencing customer satisfaction.

Therefore, Profit = Amount of  stocks available - inventory sold.

Learn more about Inventory from

https://brainly.com/question/24868116

#SPJ1

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.