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How does goods marked on invoice price help achieve the objective of effective control on stock? Please elaborate
Answers (4)
"To have effective control on stock i.e. stock at any time must be equal to opening stock plus goods received from head office minus sales made at branch." To clarify, in the above sentence, is it the case where goods are sold at branch at the same price(invoice price) at which H.O. sent those goods to branch?