What is the difference between a list of inventory items and their quantities on hand and a physical inventory
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What is the difference between a list of inventory items and their quantities on hand and a physical inventory?
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- Knowing how valuable inventory is for a company, how important is it for a company to take a physical inventory and why?In a production company, what are the three forms of inventory?Enumerate and explain the methods of inventory tracking. Give some examples of businesses where they are best applicable.