When is a physical inventory usually taken?
When goods are not being sold or received
When the company has its greatest amount of inventory
When the company has its greatest amount of inventory and at the end of the
company's fiscal year
At the end of the company's fiscal year
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Answer:
1)A physical inventory count is usually taken at the end of the company's fiscal year.
2)The Sale of Goods Act 1979 has now been replaced by the Consumer Rights Act 2015, but you may be able to claim under it if goods you bought on or before 30 September 2015 become faulty.
sorry i know this much only
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